https://www.taxtmi.com/caselaws?id=362887 At the stage of directions for convening meetings under the Companies Act, 2013, objections to a proposed amalgamation are confined to the statutory threshold for maintainability and the limited question whether meetings should be called. The Tribunal held that the shareholder's objection could not be finally decided at that preliminary stage because the shareholder's voting and shareholding position depended on pending connected proceedings. It therefore directed meetings of equity shareholders and unsecured creditors to be convened, while leaving the objector free to raise surviving objections at the sanction stage, subject to the outcome of the connected litigation. en-us Wed, 31 Jan 2018 00:00:00 +0530 Thu, 05 Jul 2018 10:03:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362887 At the stage of directions for convening meetings under the Companies Act, 2013, objections to a proposed amalgamation are confined to the statutory threshold for maintainability and the limited question whether meetings should be called. The Tribunal held that the shareholder's objection could not be finally decided at that preliminary stage because the shareholder's voting and shareholding position depended on pending connected proceedings. It therefore directed meetings of equity shareholders and unsecured creditors to be convened, while leaving the objector free to raise surviving objections at the sanction stage, subject to the outcome of the connected litigation. Case-Laws Companies Law Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362887