https://www.taxtmi.com/caselaws?id=411046 Unanimous consent of shareholders and unsecured creditors in a closely held amalgamation scheme under Sections 230 to 232 of the Companies Act, 2013 justified dispensing with their meetings, and no meeting of secured creditors was required where none existed. Even where meetings are dispensed with, statutory notice of the scheme to the Central Government through the Regional Director, the Registrar of Companies, the Income-tax authorities and the Official Liquidator remains mandatory under Section 230(5) and Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The applicant companies were directed to issue the required Form CAA-3 notices with disclosures. en-us Tue, 29 Jun 2021 00:00:00 +0530 Tue, 17 Aug 2021 09:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411046 Unanimous consent of shareholders and unsecured creditors in a closely held amalgamation scheme under Sections 230 to 232 of the Companies Act, 2013 justified dispensing with their meetings, and no meeting of secured creditors was required where none existed. Even where meetings are dispensed with, statutory notice of the scheme to the Central Government through the Regional Director, the Registrar of Companies, the Income-tax authorities and the Official Liquidator remains mandatory under Section 230(5) and Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The applicant companies were directed to issue the required Form CAA-3 notices with disclosures. Case-Laws Companies Law Tue, 29 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411046