Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2022 (11) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (11) TMI 758 - Tri - Companies LawSanction of Scheme of Amalgamation - seeking directions for dispensing with the meetings of Equity Shareholders, Secured and Unsecured Creditors of the Applicant Companies - HELD THAT:- The Scheme contemplated between the petitioner companies, appears to be prima facie in compliance with all the requirements stipulated under the relevant Sections of the Companies Act, 2013. As the observations from the Statutory Authorities have been duly addressed by the Petitioner Companies and since all the requisite statutory compliances have been fulfilled, this Tribunal sanctions the Scheme of Amalgamation attached as Annexure - A1 with the petition. Petition allowed.
|