https://www.taxtmi.com/caselaws?id=297162 The Tribunal granted the application filed by M/s IBM India Private Limited and M/s Grand Ocean Managed Infrastructure Services Private Limited under Sections 230 to 232 of the Companies Act, 2013. The Tribunal directed the convening of meetings for Equity Shareholders and Unsecured Creditors, provided detailed instructions for the approval process of the proposed Scheme of Arrangement, and set timelines for filing necessary reports. Compliance with the Companies Act was confirmed, and the Applicant Companies were allowed two weeks to file a Company petition for Scheme sanction. en-us Thu, 28 Jan 2021 00:00:00 +0530 Sat, 21 Aug 2021 08:31:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297162 The Tribunal granted the application filed by M/s IBM India Private Limited and M/s Grand Ocean Managed Infrastructure Services Private Limited under Sections 230 to 232 of the Companies Act, 2013. The Tribunal directed the convening of meetings for Equity Shareholders and Unsecured Creditors, provided detailed instructions for the approval process of the proposed Scheme of Arrangement, and set timelines for filing necessary reports. Compliance with the Companies Act was confirmed, and the Applicant Companies were allowed two weeks to file a Company petition for Scheme sanction. Case-Laws Companies Law Thu, 28 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297162