https://www.taxtmi.com/caselaws?id=409514 The Tribunal approved the dispensation of meetings for equity shareholders and secured creditors due to unanimous consent regarding the Scheme of Arrangement for amalgamation under the Companies Act, 2013. However, meetings for unsecured creditors were mandated, to be held both physically and via video conferencing. An Independent Practicing Chartered Accountant was appointed as Chairman and Scrutinizer for these meetings, with specific powers and procedures outlined. The Tribunal required compliance with notice and advertisement provisions, and the Chairman was tasked with reporting the meeting outcomes to the Tribunal. The application was disposed of with these directives, ensuring adherence to legal requirements. en-us Mon, 14 Jun 2021 00:00:00 +0530 Sat, 10 Jul 2021 08:38:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409514 The Tribunal approved the dispensation of meetings for equity shareholders and secured creditors due to unanimous consent regarding the Scheme of Arrangement for amalgamation under the Companies Act, 2013. However, meetings for unsecured creditors were mandated, to be held both physically and via video conferencing. An Independent Practicing Chartered Accountant was appointed as Chairman and Scrutinizer for these meetings, with specific powers and procedures outlined. The Tribunal required compliance with notice and advertisement provisions, and the Chairman was tasked with reporting the meeting outcomes to the Tribunal. The application was disposed of with these directives, ensuring adherence to legal requirements. Case-Laws Law of Competition Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409514