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    <title>2021 (8) TMI 62 - NATIONAL COMPANY LAW TRIBUNAL , CHENNAI BENCH</title>
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    <description>The Tribunal allowed the joint application under sections 230-232 of the Companies Act, 2013 for a Scheme of Amalgamation between M/s. Electralloy Special Steel Castings Private Limited (Transferor Company) and M/s. Amsteel Castings Private Limited (Transferee Company). The reliefs sought by the Applicant Companies, including dispensation with meetings for shareholders and creditors, were granted based on consents obtained. The Scheme was examined by Statutory Auditors, found compliant with Accounting Standards, and specific directions were proposed for both companies. The Tribunal directed the submission of Company Petitions within seven days, approving the Scheme of Amalgamation.</description>
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      <description>The Tribunal allowed the joint application under sections 230-232 of the Companies Act, 2013 for a Scheme of Amalgamation between M/s. Electralloy Special Steel Castings Private Limited (Transferor Company) and M/s. Amsteel Castings Private Limited (Transferee Company). The reliefs sought by the Applicant Companies, including dispensation with meetings for shareholders and creditors, were granted based on consents obtained. The Scheme was examined by Statutory Auditors, found compliant with Accounting Standards, and specific directions were proposed for both companies. The Tribunal directed the submission of Company Petitions within seven days, approving the Scheme of Amalgamation.</description>
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