https://www.taxtmi.com/caselaws?id=197054 The court allowed the application under sections 391 to 394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies. The Scheme was approved by the Board of Directors of both companies, and consents from Shareholders and Creditors were obtained, eliminating the need for convening meetings. With no pending proceedings against the Applicant Company and necessary approvals in place, the court waived the requirement for meetings of Shareholders and Unsecured Creditors, ultimately allowing the Application as per the terms mentioned, with an order for Dasti. en-us Wed, 28 Mar 2012 00:00:00 +0530 Sat, 23 Dec 2017 10:50:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197054 The court allowed the application under sections 391 to 394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies. The Scheme was approved by the Board of Directors of both companies, and consents from Shareholders and Creditors were obtained, eliminating the need for convening meetings. With no pending proceedings against the Applicant Company and necessary approvals in place, the court waived the requirement for meetings of Shareholders and Unsecured Creditors, ultimately allowing the Application as per the terms mentioned, with an order for Dasti. Case-Laws Companies Law Wed, 28 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197054