https://www.taxtmi.com/caselaws?id=411532 The Tribunal granted the relief sought by the Applicant Companies, dispensing with the meetings of Equity Shareholders, Preference Shareholders, Secured Creditors, and Unsecured Creditors. The Scheme of Amalgamation and Arrangement was approved as compliant with the Companies Act, 2013 and Indian Accounting Standards. The absence of pending investigations or proceedings against the Applicant Companies further supported the approval. The Tribunal directed the Applicant Companies to issue notifications about the dispensation of meetings and allowed them to proceed with filing the necessary Company Petition for the sanction of the Scheme. en-us Fri, 13 Aug 2021 00:00:00 +0530 Fri, 27 Aug 2021 08:30:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411532 The Tribunal granted the relief sought by the Applicant Companies, dispensing with the meetings of Equity Shareholders, Preference Shareholders, Secured Creditors, and Unsecured Creditors. The Scheme of Amalgamation and Arrangement was approved as compliant with the Companies Act, 2013 and Indian Accounting Standards. The absence of pending investigations or proceedings against the Applicant Companies further supported the approval. The Tribunal directed the Applicant Companies to issue notifications about the dispensation of meetings and allowed them to proceed with filing the necessary Company Petition for the sanction of the Scheme. Case-Laws Companies Law Fri, 13 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411532