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2016 (8) TMI 1271 - HC - Companies LawScheme of Amalgamation - dispensing with the meeting of the equity shareholders and unsecured creditors of the applicant - company - Held that:- The applicant has produced certificate dated 31.03.2016 of P.R.Shah & Associates, Chartered Accountants, certifying that all the equity shareholders and the unsecured creditors have given their consent in writing, in approval of the Scheme. The certificate also certifies that there are no secured creditors of the applicant company. It is therefore, requested to pass an appropriate order to dispense with the meeting of the equity shareholders and unsecured creditors, Having heard for the applicant and considering the fact that all the equity shareholders and the unsecured creditors of the applicant company have given their consent in writing, as required under Section 391(2) of the Act, to the proposed Scheme of Amalgamation, the meetings of the equity shareholders and unsecured creditors of the applicant company are ordered to be dispensed with.
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