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2015 (4) TMI 986 - HC - Companies LawApplication for Scheme of Amalgamation - Dispensation of convening the meetings of their equity shareholders, secured and unsecured creditors - Held that:- The transferor company has 02 equity shareholders. Both the equity shareholders have given their consents/no objections in writing to the proposed Scheme of Amalgamation. Their consents/no objections have been placed on record. They have been examined and found in order. In view thereof, the requirement of convening the meeting of the equity shareholders of the transferor company to consider and, if thought fit, approve, with or without modification, the proposed Scheme of Amalgamation is dispensed with. There is no secured or unsecured creditor of the transferor company, as on 11th March, 2015. - Scheme of Amalgamation approved.
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