https://www.taxtmi.com/caselaws?id=458208 The Delhi HC approved the first motion joint application for a Scheme of Amalgamation under Sections 391-394 of the Companies Act, 1956, involving multiple Vodafone entities. The Board of Directors and all shareholders and creditors consented to the Scheme, allowing for the dispensation of meetings. The Scheme does not alter creditors' rights, with the Applicant/Transferee Company assuming liabilities. Jurisdictional issues for Transferor Companies No. 3 and 4 were resolved by the Calcutta and Madras HCs, respectively, permitting the amalgamation without convening meetings. en-us Fri, 14 Sep 2012 00:00:00 +0530 Tue, 15 Oct 2024 14:21:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458208 The Delhi HC approved the first motion joint application for a Scheme of Amalgamation under Sections 391-394 of the Companies Act, 1956, involving multiple Vodafone entities. The Board of Directors and all shareholders and creditors consented to the Scheme, allowing for the dispensation of meetings. The Scheme does not alter creditors' rights, with the Applicant/Transferee Company assuming liabilities. Jurisdictional issues for Transferor Companies No. 3 and 4 were resolved by the Calcutta and Madras HCs, respectively, permitting the amalgamation without convening meetings. Case-Laws Companies Law Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458208