https://www.taxtmi.com/caselaws?id=295757 The Tribunal granted the application seeking directions for dispensation of meetings of shareholders and creditors for an Amalgamation scheme between two companies. The Applicant Companies had already approved the scheme through Board Resolutions. As there were no Secured or Unsecured Creditors, meetings of creditors were deemed unnecessary. The Tribunal directed the Applicant Companies to serve notices to relevant authorities and confirmed that if no objections were received within 30 days, it would be presumed that the authorities had no objection to the Scheme. The judgment concluded by disposing of the application and instructing the Registry to inform all parties involved. en-us Thu, 07 Jan 2021 00:00:00 +0530 Fri, 18 Jun 2021 08:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295757 The Tribunal granted the application seeking directions for dispensation of meetings of shareholders and creditors for an Amalgamation scheme between two companies. The Applicant Companies had already approved the scheme through Board Resolutions. As there were no Secured or Unsecured Creditors, meetings of creditors were deemed unnecessary. The Tribunal directed the Applicant Companies to serve notices to relevant authorities and confirmed that if no objections were received within 30 days, it would be presumed that the authorities had no objection to the Scheme. The judgment concluded by disposing of the application and instructing the Registry to inform all parties involved. Case-Laws Companies Law Thu, 07 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295757