2020 (9) TMI 126 - NATIONAL COMPANY LAW TRIBUNAL — AHMEDABAD BENCH - Corporate Laws

Head Note / Extract:
Scheme of amalgamation - Dispensation of meeting of the equity shareholders of both the applicant-companies and convening the meeting of unsecured creditors of applicant transferee company - HELD THAT:- Meetings of equity shareholders, of the applicant-transferor company are hereby dispensed with. There are no secured and unsecured creditors - Meetings of equity shareholders and secured creditors of the applicant transferee company are hereby dispensed with. Meeting of unsecured creditors of the applicant-transferee company shall be convened and held at the registered office of the transferee company at Kapdai Faliya, Gandevi Road, Devsar, Taluka-Gandevi, Bili mora District, Navsari-396 380 on August 10, 2020 at 11.00 a.m. for the purpose of considering and if thought fit approving the proposed scheme of amalgamation with or without modifications - At the aforesaid meetings of unsecured creditors of the applicant transferee company voting shall be carried out through ballot/polling paper at the venue of the meeting. Application allowed.