https://www.taxtmi.com/caselaws?id=429186 The Tribunal set aside the NCLT's order and dispensed with the convening meeting of shareholders of the Transferee Company. The Appellant successfully argued that judicial precedents allowed for dispensing with meetings in cases of merger involving wholly owned subsidiaries. The Tribunal emphasized the importance of following precedent law and ruled in favor of the Appellant, allowing the appeal and closing any pending applications without costs. en-us Tue, 18 Oct 2022 00:00:00 +0530 Thu, 20 Oct 2022 09:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429186 The Tribunal set aside the NCLT's order and dispensed with the convening meeting of shareholders of the Transferee Company. The Appellant successfully argued that judicial precedents allowed for dispensing with meetings in cases of merger involving wholly owned subsidiaries. The Tribunal emphasized the importance of following precedent law and ruled in favor of the Appellant, allowing the appeal and closing any pending applications without costs. Case-Laws Companies Law Tue, 18 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429186