https://www.taxtmi.com/caselaws?id=421949 The Tribunal allowed the application for a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013. The judgment dispensed with the need for convening meetings of equity shareholders and unsecured creditors, granting necessary directions for document filing. Consent affidavits from all stakeholders supported the Scheme, with unanimous approval from the Board of Directors. The Tribunal, following legal precedent, dispensed with shareholder meetings based on consent affidavits and creditor meetings due to overwhelming support. The judgment emphasized compliance with statutory provisions and approved the application. en-us Thu, 21 Apr 2022 00:00:00 +0530 Thu, 05 May 2022 08:34:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421949 The Tribunal allowed the application for a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013. The judgment dispensed with the need for convening meetings of equity shareholders and unsecured creditors, granting necessary directions for document filing. Consent affidavits from all stakeholders supported the Scheme, with unanimous approval from the Board of Directors. The Tribunal, following legal precedent, dispensed with shareholder meetings based on consent affidavits and creditor meetings due to overwhelming support. The judgment emphasized compliance with statutory provisions and approved the application. Case-Laws Companies Law Thu, 21 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421949