https://www.taxtmi.com/caselaws?id=409351 The Tribunal dispensed with the meetings of Equity Shareholders and Unsecured Creditors for certain companies as all necessary consents were obtained. Directions were given for convening and holding meetings of Secured Creditors. The Composite Scheme of Arrangement involving amalgamation and demerger was approved as beneficial for stakeholders. Compliance with statutory requirements and accounting standards was confirmed. Appointed officials were tasked with ensuring procedural compliance for convening meetings. The Tribunal approved the joint company application, allowing the Scheme to proceed with specified directions for creditor meetings and compliance measures. en-us Tue, 15 Jun 2021 00:00:00 +0530 Tue, 06 Jul 2021 09:43:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409351 The Tribunal dispensed with the meetings of Equity Shareholders and Unsecured Creditors for certain companies as all necessary consents were obtained. Directions were given for convening and holding meetings of Secured Creditors. The Composite Scheme of Arrangement involving amalgamation and demerger was approved as beneficial for stakeholders. Compliance with statutory requirements and accounting standards was confirmed. Appointed officials were tasked with ensuring procedural compliance for convening meetings. The Tribunal approved the joint company application, allowing the Scheme to proceed with specified directions for creditor meetings and compliance measures. Case-Laws Companies Law Tue, 15 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409351