https://www.taxtmi.com/caselaws?id=198288 The court dispensed with the meetings of equity shareholders, secured, and unsecured creditors regarding the proposed Scheme of Amalgamation. The scheme did not impact the rights of the stakeholders, as there was no compromise to creditors and excess assets over liabilities in the transferor company. Citing relevant case laws, the court found the scheme to be non-prejudicial to the interests of the members or public, leading to the disposal of the application without costs. en-us Wed, 09 Feb 2011 00:00:00 +0530 Sat, 27 Jan 2018 13:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198288 The court dispensed with the meetings of equity shareholders, secured, and unsecured creditors regarding the proposed Scheme of Amalgamation. The scheme did not impact the rights of the stakeholders, as there was no compromise to creditors and excess assets over liabilities in the transferor company. Citing relevant case laws, the court found the scheme to be non-prejudicial to the interests of the members or public, leading to the disposal of the application without costs. Case-Laws Companies Law Wed, 09 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198288