https://www.taxtmi.com/caselaws?id=356263 The National Company Law Appellate Tribunal (NCLAT) affirmed the National Company Law Tribunal's (NCLT) decision to require meetings of shareholders and unsecured creditors in a scheme of amalgamation, emphasizing the importance of stakeholder communication and corporate governance. The NCLAT upheld the NCLT's discretion in calling meetings, stating that adherence to the prescribed procedures under the Companies Act, 2013, was necessary. The appeal challenging the NCLT's decision was dismissed, highlighting the significance of following the statutory process in merger cases and granting the appellant the liberty to approach the NCLT for adjustments to specified schedules. en-us Wed, 31 Jan 2018 00:00:00 +0530 Tue, 27 Feb 2018 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356263 The National Company Law Appellate Tribunal (NCLAT) affirmed the National Company Law Tribunal's (NCLT) decision to require meetings of shareholders and unsecured creditors in a scheme of amalgamation, emphasizing the importance of stakeholder communication and corporate governance. The NCLAT upheld the NCLT's discretion in calling meetings, stating that adherence to the prescribed procedures under the Companies Act, 2013, was necessary. The appeal challenging the NCLT's decision was dismissed, highlighting the significance of following the statutory process in merger cases and granting the appellant the liberty to approach the NCLT for adjustments to specified schedules. Case-Laws Companies Law Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356263