2021 (11) TMI 844 - NATIONAL COMPANY LAW TRIBUNAL , AMARAVATI BENCH - Corporate Laws

Head Note / Extract:
Sanction of Scheme of Arrangement - Section 23(1)(b) Read with Section 232 of the Companies Act, 2013, Read with Rule 15 (1) of Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 and Rule 23A of the National Company Law Tribunal Rules, 2016 - HELD THAT:- Various directions with regard to holding, convening and dispensing with various meetings issued - various directions with regard to issuance of notices also issued. The scheme is approved - application allowed.