Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2022 (1) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (1) TMI 323 - Tri - Companies LawSanction of Scheme of Arrangement - Section 230-232 of Companies Act. 2013 and other applicable provisions of the Act read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - HELD THAT:- This Bench holds that depending on the facts and circumstances of each case, the NCLT has the powers to dispense with the meetings of shareholders and others by using judicial discretion. Various directions with regard to holding, convening and dispensing with various meetings issued - directions regarding issuance of various notices also issued - the scheme is approved. Application allowed.
|