https://www.taxtmi.com/caselaws?id=398007 The Tribunal dispensed with the meetings of equity shareholders of the applicant-transferor and applicant-transferee companies, as consents were obtained via affidavit. A meeting of unsecured creditors of the transferee company was directed to be held to consider the proposed scheme of amalgamation. The scheme, aimed at consolidating business and strengthening financial position, was approved by the boards and found to be in the interest of stakeholders. The Tribunal ensured compliance with statutory requirements and regulations, including Accounting Standards. Various orders were issued, and the application was allowed and disposed of accordingly. en-us Thu, 02 Jul 2020 00:00:00 +0530 Fri, 04 Sep 2020 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398007 The Tribunal dispensed with the meetings of equity shareholders of the applicant-transferor and applicant-transferee companies, as consents were obtained via affidavit. A meeting of unsecured creditors of the transferee company was directed to be held to consider the proposed scheme of amalgamation. The scheme, aimed at consolidating business and strengthening financial position, was approved by the boards and found to be in the interest of stakeholders. The Tribunal ensured compliance with statutory requirements and regulations, including Accounting Standards. Various orders were issued, and the application was allowed and disposed of accordingly. Case-Laws Companies Law Thu, 02 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398007