https://www.taxtmi.com/caselaws?id=408792 The Tribunal denied the applicant-company's request to dispense with meetings of equity shareholders and creditors concerning the merger scheme with its wholly-owned subsidiary, citing the absence of consent affidavits and non-compliance with its board resolution. The Tribunal mandated the convening of these meetings, appointing Mr. Kiran Shah as chairman and Mr. M.C. Gupta as scrutinizer. The company was instructed to issue notices to relevant authorities as per statutory requirements. Consequently, the application for dispensation was dismissed, necessitating adherence to procedural mandates for the merger process. en-us Thu, 10 Dec 2020 00:00:00 +0530 Tue, 16 Nov 2021 13:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408792 The Tribunal denied the applicant-company's request to dispense with meetings of equity shareholders and creditors concerning the merger scheme with its wholly-owned subsidiary, citing the absence of consent affidavits and non-compliance with its board resolution. The Tribunal mandated the convening of these meetings, appointing Mr. Kiran Shah as chairman and Mr. M.C. Gupta as scrutinizer. The company was instructed to issue notices to relevant authorities as per statutory requirements. Consequently, the application for dispensation was dismissed, necessitating adherence to procedural mandates for the merger process. Case-Laws Law of Competition Thu, 10 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408792