https://www.taxtmi.com/caselaws?id=427077 The Tribunal dispensed with the requirement for convening meetings of shareholders and creditors for M/s. Ericsson India Private Limited and M/s. Ericsson India Global Services Private Limited, aligning with the NCLAT's findings. It approved modifications to the Scheme, specifically to Clause 1.4 of Part A and Clause 11.1(viii) of Part B, as presented by the Applicant Companies. The Tribunal also determined that serving notices under Section 230(5) of the Companies Act, 2013, was unnecessary at this stage since meetings were not convened under Section 230(1). The application was disposed of according to the judgment's directions. en-us Fri, 12 Aug 2022 00:00:00 +0530 Thu, 01 Sep 2022 08:30:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427077 The Tribunal dispensed with the requirement for convening meetings of shareholders and creditors for M/s. Ericsson India Private Limited and M/s. Ericsson India Global Services Private Limited, aligning with the NCLAT's findings. It approved modifications to the Scheme, specifically to Clause 1.4 of Part A and Clause 11.1(viii) of Part B, as presented by the Applicant Companies. The Tribunal also determined that serving notices under Section 230(5) of the Companies Act, 2013, was unnecessary at this stage since meetings were not convened under Section 230(1). The application was disposed of according to the judgment's directions. Case-Laws Law of Competition Fri, 12 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427077