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    <title>2021 (10) TMI 1087 - NATIONAL COMPANY LAW TRIBUNAL — CHENNAI BENCH—I</title>
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    <description>The Tribunal granted the application for amalgamation and arrangement under the Companies Act, 2013. The applicant-companies sought dispensation from holding meetings for shareholders, secured creditors, and unsecured creditors, providing detailed information and certifications. The proposed scheme involving multiple companies was reviewed for compliance with legal provisions, incorporation details, and financial viability. With unanimous approval from the applicant-companies&#039; board of directors and statutory auditor certification, the Tribunal approved the scheme, directing dispensation from meetings based on representations. The application was allowed, and the appointed date for the scheme was set for April 1, 2020.</description>
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      <description>The Tribunal granted the application for amalgamation and arrangement under the Companies Act, 2013. The applicant-companies sought dispensation from holding meetings for shareholders, secured creditors, and unsecured creditors, providing detailed information and certifications. The proposed scheme involving multiple companies was reviewed for compliance with legal provisions, incorporation details, and financial viability. With unanimous approval from the applicant-companies&#039; board of directors and statutory auditor certification, the Tribunal approved the scheme, directing dispensation from meetings based on representations. The application was allowed, and the appointed date for the scheme was set for April 1, 2020.</description>
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