https://www.taxtmi.com/caselaws?id=430811 The Appellate Tribunal allowed the appeal and modified the order, directing the secured creditor to raise objections to the amalgamation scheme within 30 days. If no objections were raised, it would be presumed that the secured creditor had no objection. This decision aimed to protect the secured creditor's rights while facilitating the amalgamation process efficiently, emphasizing judicial discretion and balancing creditor interests with operational benefits. en-us Mon, 28 Nov 2022 00:00:00 +0530 Tue, 29 Nov 2022 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430811 The Appellate Tribunal allowed the appeal and modified the order, directing the secured creditor to raise objections to the amalgamation scheme within 30 days. If no objections were raised, it would be presumed that the secured creditor had no objection. This decision aimed to protect the secured creditor's rights while facilitating the amalgamation process efficiently, emphasizing judicial discretion and balancing creditor interests with operational benefits. Case-Laws Companies Law Mon, 28 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430811