https://www.taxtmi.com/caselaws?id=196371 The Court approved the Scheme of Arrangement for the Amalgamation of two group Companies with a Transferee Company under Sections 391 to 394 of the Companies Act, 1956. All Equity Shareholders' approval was obtained through consent letters, dispensing the need for a meeting. A meeting of Unsecured Creditors was convened, with specific notice and publication requirements met. The Chairman had powers to conduct the meeting, determine voting values, and report the meeting result to the Court for the disposal of the Company Application within 14 days. en-us Wed, 08 Jan 2014 00:00:00 +0530 Tue, 28 Nov 2017 21:25:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196371 The Court approved the Scheme of Arrangement for the Amalgamation of two group Companies with a Transferee Company under Sections 391 to 394 of the Companies Act, 1956. All Equity Shareholders' approval was obtained through consent letters, dispensing the need for a meeting. A meeting of Unsecured Creditors was convened, with specific notice and publication requirements met. The Chairman had powers to conduct the meeting, determine voting values, and report the meeting result to the Court for the disposal of the Company Application within 14 days. Case-Laws Companies Law Wed, 08 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196371