https://www.taxtmi.com/caselaws?id=402117 The Scheme of Amalgamation between two companies and their shareholders was approved by the Board of Directors, aiming to streamline functions and enhance operational efficiency. Meetings for Equity Shareholders were dispensed with due to consent affidavits, while Trade/Sundry Creditors of one company were required to convene a meeting. Specific procedures for convening and conducting creditor meetings, including the appointment of a Chairman and Scrutinizer, were outlined to ensure compliance and efficient reporting to the Tribunal. en-us Mon, 07 Sep 2020 00:00:00 +0530 Thu, 24 Dec 2020 11:00:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402117 The Scheme of Amalgamation between two companies and their shareholders was approved by the Board of Directors, aiming to streamline functions and enhance operational efficiency. Meetings for Equity Shareholders were dispensed with due to consent affidavits, while Trade/Sundry Creditors of one company were required to convene a meeting. Specific procedures for convening and conducting creditor meetings, including the appointment of a Chairman and Scrutinizer, were outlined to ensure compliance and efficient reporting to the Tribunal. Case-Laws Companies Law Mon, 07 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402117