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2020 (3) TMI 1328 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAISanction of Scheme of Amalgamation - section 230-232 of Companies Act - seeking directions regarding holding and convening of various meetings - HELD THAT:- Since the Scheme is an arrangement between the Applicant Company and its shareholders in accordance with the provisions of section 230(1)(b) of the Companies Act, 2013, the meeting of the Unsecured Creditors is not required to be convened. In view of the fact that the rights of the Unsecured Creditors are not affected, the meeting of Unsecured Creditor is hereby dispensed with. This Bench hereby directs the Applicant Company to issue notice to all its Unsecured Creditors by Courier/RPAD/Speed Post/Hand Delivery or through Email with a direction that they may submit their representations, if any, to the Tribunal and copy of such representations shall simultaneously be served upon the Applicant Company. Application disposed off.
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