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2021 (6) TMI 488 - Tri - Companies LawApproval of scheme of amalgamation - seeking to dispense with the meeting of Equity Shareholders and Secured Creditors of the Applicant Companies - seeking to direct to convene the meeting of Unsecured Creditors of the Applicant Company - Sections 230 & 232 of the Companies Act, 2013 - HELD THAT:- The Companies has followed extant provisions of Companies Act in framing the Scheme in question, which are duly approved by the Board of Directors of the Companies involved. The Statutory Auditors/Chartered Accountants of the Companies have also issued respective Certificates by inter-alia certifying the details of shareholders, creditors, and compliance of accounting treatment as prescribed U/s. 133 of the Companies Act, 2013 with reference to the Scheme in question. The Applicant Companies have disclosed all the material facts relating to the Scheme in question and filed necessary documents along with the Application. Convening and holding of the meetings of the Equity Shareholders of the Applicant Companies is hereby dispensed with - Convening and holding of the meetings of the Secured Creditors of the Applicant Companies is hereby dispensed with - Application disposed off.
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