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    <title>2021 (6) TMI 728 - NATIONAL COMPANY LAW TRIBUNAL , CHENNAI BENCH</title>
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    <description>The Tribunal approved the applications CA/807/CAA/2020 and CA/858/CAA/2020, allowing the dispensation of meetings for the Transferor Company&#039;s Equity Shareholders and Unsecured Creditors due to unanimous consent affidavits. Meetings for the Transferee Company&#039;s Equity Shareholders and Unsecured Creditors were scheduled with specified quorum requirements. The necessity for meetings of the Transferee Company&#039;s Secured Creditors was waived based on consent affidavits. The Tribunal mandated specific procedures for notices and advertisements, compliance with statutory requirements, and appointed officials to oversee the process, ensuring adherence to legal protocols.</description>
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      <description>The Tribunal approved the applications CA/807/CAA/2020 and CA/858/CAA/2020, allowing the dispensation of meetings for the Transferor Company&#039;s Equity Shareholders and Unsecured Creditors due to unanimous consent affidavits. Meetings for the Transferee Company&#039;s Equity Shareholders and Unsecured Creditors were scheduled with specified quorum requirements. The necessity for meetings of the Transferee Company&#039;s Secured Creditors was waived based on consent affidavits. The Tribunal mandated specific procedures for notices and advertisements, compliance with statutory requirements, and appointed officials to oversee the process, ensuring adherence to legal protocols.</description>
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