https://www.taxtmi.com/caselaws?id=408889 The application under Sections 230 and 232 of the Companies Act, 2013 for the approval of a Scheme of Amalgamation between two companies was granted. Directions were issued for convening and dispensing meetings of shareholders and creditors of both companies separately. Meetings were dispensed with for the Transferor Company due to 100% ownership by the Transferee Company, while directions were given for meetings of various stakeholders in the Transferee Company. Specific individuals were appointed for the meetings, and provisions for compliance, notices, and strict adherence to laws and regulations were outlined. The application was allowed in specified terms with instructions for serving copies of the order to the parties involved. en-us Wed, 19 May 2021 00:00:00 +0530 Thu, 24 Jun 2021 08:25:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408889 The application under Sections 230 and 232 of the Companies Act, 2013 for the approval of a Scheme of Amalgamation between two companies was granted. Directions were issued for convening and dispensing meetings of shareholders and creditors of both companies separately. Meetings were dispensed with for the Transferor Company due to 100% ownership by the Transferee Company, while directions were given for meetings of various stakeholders in the Transferee Company. Specific individuals were appointed for the meetings, and provisions for compliance, notices, and strict adherence to laws and regulations were outlined. The application was allowed in specified terms with instructions for serving copies of the order to the parties involved. Case-Laws Companies Law Wed, 19 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408889