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2015 (7) TMI 1242 - HC - Companies LawScheme of amalgamation - Held that:- Taking note of aforesaid facts and supporting documents on record duly supplied by the applicant and considering the material on record especially the consent letters of shareholders of transferor/ transferee companies and certificates issued by the Chartered Accountant certifying number of creditors (secured/ unsecured) of the transferor and transferee companies as also the proposed scheme of amalgamation, this court considers it appropriate to dispense with the meetings of shareholders and unsecured creditors of the transferor company No.2 (Divine Heritage Hotels Private Limited) for considering scheme of amalgamation with the transferee company (Mahindra Holidays & Resorts India Limited). Instant application stands allowed. Consequently, holding of meeting of shareholders and unsecured creditors of applicant transferor company No.2 (Divine Heritage Hotels Private Limited) is dispensed with.
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