https://www.taxtmi.com/caselaws?id=401396 The Tribunal approved the merger of Jolly Metal Abrasives Private Ltd with Blastline India Private Ltd. Meetings for Equity Shareholders and Secured Creditors were dispensed with due to overwhelming consent, but a meeting for Unsecured Creditors of the Transferee Company was required. Notice was mandated to regulatory bodies, and compliance with the Companies Act, 2013, was emphasized. Officials were appointed for meetings, and detailed procedures for voting and reporting were outlined, including provisions for virtual meetings due to the pandemic. Specific orders were issued for both companies to ensure compliance with statutory requirements. en-us Tue, 01 Dec 2020 00:00:00 +0530 Mon, 07 Dec 2020 09:43:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401396 The Tribunal approved the merger of Jolly Metal Abrasives Private Ltd with Blastline India Private Ltd. Meetings for Equity Shareholders and Secured Creditors were dispensed with due to overwhelming consent, but a meeting for Unsecured Creditors of the Transferee Company was required. Notice was mandated to regulatory bodies, and compliance with the Companies Act, 2013, was emphasized. Officials were appointed for meetings, and detailed procedures for voting and reporting were outlined, including provisions for virtual meetings due to the pandemic. Specific orders were issued for both companies to ensure compliance with statutory requirements. Case-Laws Companies Law Tue, 01 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401396