https://www.taxtmi.com/caselaws?id=460014 The court granted permission to convene a meeting of the equity shareholders of the transferor company to consider and approve a Scheme of Amalgamation with the transferee company, ensuring compliance with procedural requirements under the Companies Act, 1956. Additionally, the court concluded that the SEBI circular conditions did not apply to the transferor company, as no exemption under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957, was sought. The court's decision allowed the amalgamation process to proceed without additional regulatory obstacles. en-us Mon, 01 Apr 2013 00:00:00 +0530 Wed, 08 Jan 2025 13:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460014 The court granted permission to convene a meeting of the equity shareholders of the transferor company to consider and approve a Scheme of Amalgamation with the transferee company, ensuring compliance with procedural requirements under the Companies Act, 1956. Additionally, the court concluded that the SEBI circular conditions did not apply to the transferor company, as no exemption under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957, was sought. The court's decision allowed the amalgamation process to proceed without additional regulatory obstacles. Case-Laws Companies Law Mon, 01 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460014