https://www.taxtmi.com/caselaws?id=401240 The application for merger under Sections 230-232 and 234 of the Companies Act, 2013, involving Shriram Bioseed Ventures Limited as the Transferee Company and Bioseeds Limited as the Transferor Company, was approved. The judgment dispensed with the need for meetings of shareholders and creditors due to consent affidavits from equity shareholders and the unsecured creditor. No secured creditors were involved. Directions were given to serve notices to Statutory Authorities. The merger was allowed on specified terms, emphasizing compliance with legal procedures and transparency. en-us Thu, 26 Nov 2020 00:00:00 +0530 Wed, 02 Dec 2020 11:02:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401240 The application for merger under Sections 230-232 and 234 of the Companies Act, 2013, involving Shriram Bioseed Ventures Limited as the Transferee Company and Bioseeds Limited as the Transferor Company, was approved. The judgment dispensed with the need for meetings of shareholders and creditors due to consent affidavits from equity shareholders and the unsecured creditor. No secured creditors were involved. Directions were given to serve notices to Statutory Authorities. The merger was allowed on specified terms, emphasizing compliance with legal procedures and transparency. Case-Laws Companies Law Thu, 26 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401240