https://www.taxtmi.com/caselaws?id=399254 The National Company Law Tribunal, Ahmedabad, granted the joint Application by two Applicant Companies under Sections 230 to 232 of the Companies Act, 2013, for a Scheme of Arrangement involving De-merger and transfer of the De-merged Undertaking related to Performance Business and support services. The Tribunal dispensed with meetings for Equity Shareholders and Creditors of the Applicant Resulting Company but ordered separate meetings for Secured and Unsecured Creditors of the Applicant De-merged Company, issuing detailed directions for conducting the meetings and ensuring compliance with statutory rules and timelines. en-us Tue, 30 Jun 2020 00:00:00 +0530 Wed, 07 Oct 2020 11:17:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399254 The National Company Law Tribunal, Ahmedabad, granted the joint Application by two Applicant Companies under Sections 230 to 232 of the Companies Act, 2013, for a Scheme of Arrangement involving De-merger and transfer of the De-merged Undertaking related to Performance Business and support services. The Tribunal dispensed with meetings for Equity Shareholders and Creditors of the Applicant Resulting Company but ordered separate meetings for Secured and Unsecured Creditors of the Applicant De-merged Company, issuing detailed directions for conducting the meetings and ensuring compliance with statutory rules and timelines. Case-Laws Companies Law Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399254