https://www.taxtmi.com/highlights?id=47851 Sanction of scheme of demerger - The mandate of law engrafted u/s 230(1) of the Act requiring the Tribunal to order calling of meeting of the creditors/ members of the concerned companies not being complied with and the mandatory provisions being observed in breach, the impugned order cannot be supported - The Tribunal, at the very threshold stage, was not required to venture into the merits - remanded to tribunal en-us Thu, 11 Jul 2019 06:20:18 +0530 Thu, 11 Jul 2019 06:20:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47851 Sanction of scheme of demerger - The mandate of law engrafted u/s 230(1) of the Act requiring the Tribunal to order calling of meeting of the creditors/ members of the concerned companies not being complied with and the mandatory provisions being observed in breach, the impugned order cannot be supported - The Tribunal, at the very threshold stage, was not required to venture into the merits - remanded to tribunal Highlights Companies Law Thu, 11 Jul 2019 06:20:18 +0530 https://www.taxtmi.com/highlights?id=47851