https://www.taxtmi.com/caselaws?id=196013 The Court ordered the dispensation of the meeting of Equity Shareholders and creditors in a Scheme of Arrangement for a company resulting from a demerger. The applicant, a wholly owned subsidiary, obtained consents from all shareholders and the parent holding company. The Court emphasized the significance of obtaining consent from relevant parties in corporate restructuring and ruled in favor of dispensing with shareholder meetings due to the obtained consents. en-us Mon, 05 Oct 2015 00:00:00 +0530 Fri, 17 Nov 2017 06:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196013 The Court ordered the dispensation of the meeting of Equity Shareholders and creditors in a Scheme of Arrangement for a company resulting from a demerger. The applicant, a wholly owned subsidiary, obtained consents from all shareholders and the parent holding company. The Court emphasized the significance of obtaining consent from relevant parties in corporate restructuring and ruled in favor of dispensing with shareholder meetings due to the obtained consents. Case-Laws Companies Law Mon, 05 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196013