https://www.taxtmi.com/caselaws?id=398535 The court approved the Scheme of Amalgamation (Merger by Absorption) of two companies, with dispensation of Equity Shareholders meetings due to consent affidavits. Both companies had no Secured Creditors, positive Net-worth, and Unsecured Creditors requiring notices. Publication and service of notices to authorities were mandated, along with the appointment of an Official Liquidator and Chartered Accountant. The companies were directed to file an affidavit of service within 10 days, with the Scheme's appointed date set for 14th August 2019. en-us Wed, 29 Jan 2020 00:00:00 +0530 Fri, 18 Sep 2020 16:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398535 The court approved the Scheme of Amalgamation (Merger by Absorption) of two companies, with dispensation of Equity Shareholders meetings due to consent affidavits. Both companies had no Secured Creditors, positive Net-worth, and Unsecured Creditors requiring notices. Publication and service of notices to authorities were mandated, along with the appointment of an Official Liquidator and Chartered Accountant. The companies were directed to file an affidavit of service within 10 days, with the Scheme's appointed date set for 14th August 2019. Case-Laws Companies Law Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398535