https://www.taxtmi.com/caselaws?id=290226 The judgment approved the scheme for the amalgamation of two companies, dispensing with meetings for equity shareholders and secured creditors based on consent affidavits. Unsecured creditors' involvement was specified, with notices to be issued to them as per the Companies Act, 2013. The proposed merger by absorption will not affect unsecured creditors, who are instructed to be informed and allowed to submit representations. The companies were directed to serve notices to various authorities and the Official Liquidator, with chartered accountants appointed to assist in scrutinizing accounts. Compliance reports on notice issuance were required. en-us Mon, 01 Jun 2020 00:00:00 +0530 Tue, 15 Sep 2020 10:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290226 The judgment approved the scheme for the amalgamation of two companies, dispensing with meetings for equity shareholders and secured creditors based on consent affidavits. Unsecured creditors' involvement was specified, with notices to be issued to them as per the Companies Act, 2013. The proposed merger by absorption will not affect unsecured creditors, who are instructed to be informed and allowed to submit representations. The companies were directed to serve notices to various authorities and the Official Liquidator, with chartered accountants appointed to assist in scrutinizing accounts. Compliance reports on notice issuance were required. Case-Laws Companies Law Mon, 01 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290226