https://www.taxtmi.com/caselaws?id=400137 The Scheme of Arrangement of Investment Division between two companies, the Demerged Company and the Resulting Company, was approved by the court. Consent was obtained from all Equity Shareholders, and notices were issued to Unsecured Creditors and regulatory authorities. Meetings of Equity Shareholders and Unsecured Creditors were dispensed with, but Unsecured Creditors were given the opportunity to submit representations. The judgment focused on ensuring compliance with legal procedures, transparency, and protection of stakeholders' interests in the approval process of the Scheme. en-us Tue, 06 Oct 2020 00:00:00 +0530 Thu, 29 Oct 2020 09:27:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400137 The Scheme of Arrangement of Investment Division between two companies, the Demerged Company and the Resulting Company, was approved by the court. Consent was obtained from all Equity Shareholders, and notices were issued to Unsecured Creditors and regulatory authorities. Meetings of Equity Shareholders and Unsecured Creditors were dispensed with, but Unsecured Creditors were given the opportunity to submit representations. The judgment focused on ensuring compliance with legal procedures, transparency, and protection of stakeholders' interests in the approval process of the Scheme. Case-Laws Companies Law Tue, 06 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400137