2022 (5) TMI 210 - NATIONAL COMPANY LAW TRIBUNAL , AMARAVATI BENCH - Corporate Laws

Head Note / Extract:
Sanction of scheme of amalgamation - seeking an order to dispense with convening the meeting of the Shareholders, Secured Creditors and Unsecured Creditors of the Applicant Companies - Sections 230 to 232 of the Companies Act, 2013 read with Rule 3 of the Companies (Compromises, Arrangements and Amalgamation) Rules, 2016 - HELD THAT:- Directions with regard to holding, convening and dispensing with various meetings issued - the scheme is approved - application allowed.