https://www.taxtmi.com/caselaws?id=417673 The National Company Law Tribunal, New Delhi Bench, granted an application under Sections 230 and 232 of the Companies Act, 2013, to dispense with the holding of meetings of shareholders and creditors for a proposed Scheme of Amalgamation. The Tribunal approved the scheme, amalgamating the Transferor Companies into the Transferee Company, as all legal and regulatory requirements were met, and 100% written consent was obtained. The Board of Directors supported the scheme, aiming to streamline operations, achieve economies of scale, and enhance efficiency through rationalization and optimization. en-us Mon, 17 Jan 2022 00:00:00 +0530 Sat, 29 Jan 2022 08:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417673 The National Company Law Tribunal, New Delhi Bench, granted an application under Sections 230 and 232 of the Companies Act, 2013, to dispense with the holding of meetings of shareholders and creditors for a proposed Scheme of Amalgamation. The Tribunal approved the scheme, amalgamating the Transferor Companies into the Transferee Company, as all legal and regulatory requirements were met, and 100% written consent was obtained. The Board of Directors supported the scheme, aiming to streamline operations, achieve economies of scale, and enhance efficiency through rationalization and optimization. Case-Laws Companies Law Mon, 17 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417673