https://www.taxtmi.com/caselaws?id=422616 The joint Company Application for arrangement under Sections 230-232 of the Companies Act, 2013, regarding the Proposed Scheme of Amalgamation of two Applicant Companies in the real estate sector was granted. The Tribunal dispensed with the need for certain shareholder and creditor meetings, directing others to be conducted through virtual means. Transparency and compliance measures were mandated, including publication of meeting details, appointment of officials, prohibition on proxy voting, and submission of necessary reports. The Applicant Companies were instructed to notify relevant authorities and stakeholders, with the application allowed and disposed of in compliance with legal procedures. en-us Mon, 25 Apr 2022 00:00:00 +0530 Thu, 19 May 2022 08:30:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422616 The joint Company Application for arrangement under Sections 230-232 of the Companies Act, 2013, regarding the Proposed Scheme of Amalgamation of two Applicant Companies in the real estate sector was granted. The Tribunal dispensed with the need for certain shareholder and creditor meetings, directing others to be conducted through virtual means. Transparency and compliance measures were mandated, including publication of meeting details, appointment of officials, prohibition on proxy voting, and submission of necessary reports. The Applicant Companies were instructed to notify relevant authorities and stakeholders, with the application allowed and disposed of in compliance with legal procedures. Case-Laws Companies Law Mon, 25 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422616