https://www.taxtmi.com/caselaws?id=290570 The court approved the scheme of amalgamation between the Transferor and Transferee Companies under sections 230 to 232 of the Companies Act, 2013. Meetings were duly conducted for Equity Shareholders and Creditors of both companies, with specific directions for notice issuance, quorum, and report submissions. The Transferor Company had no Secured Creditors, while the Transferee Company managed meetings for 11 Secured and 530 Unsecured Creditors. Authorities were given 30 days to object, with non-response indicating no objections. The Companies were instructed to file petitions within 7 days post-chairman's report, facilitating the final amalgamation process. en-us Fri, 11 Oct 2019 00:00:00 +0530 Tue, 06 Oct 2020 10:46:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290570 The court approved the scheme of amalgamation between the Transferor and Transferee Companies under sections 230 to 232 of the Companies Act, 2013. Meetings were duly conducted for Equity Shareholders and Creditors of both companies, with specific directions for notice issuance, quorum, and report submissions. The Transferor Company had no Secured Creditors, while the Transferee Company managed meetings for 11 Secured and 530 Unsecured Creditors. Authorities were given 30 days to object, with non-response indicating no objections. The Companies were instructed to file petitions within 7 days post-chairman's report, facilitating the final amalgamation process. Case-Laws Law of Competition Fri, 11 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290570