https://www.taxtmi.com/caselaws?id=411527 The tribunal allowed the application for payment and closure of secured creditors in connection with a scheme of amalgamation involving multiple companies. Consent of shareholders and creditors was obtained, dispensing with meetings of equity shareholders and unsecured creditors. Directions were given for serving notices and compliance with legal formalities. The judgment concluded by disposing of the company application, emphasizing the importance of timely dissemination of the decision. en-us Tue, 10 Aug 2021 00:00:00 +0530 Fri, 27 Aug 2021 08:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411527 The tribunal allowed the application for payment and closure of secured creditors in connection with a scheme of amalgamation involving multiple companies. Consent of shareholders and creditors was obtained, dispensing with meetings of equity shareholders and unsecured creditors. Directions were given for serving notices and compliance with legal formalities. The judgment concluded by disposing of the company application, emphasizing the importance of timely dissemination of the decision. Case-Laws Insolvency and Bankruptcy Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411527