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2021 (1) TMI 721 - NATIONAL COMPANY LAW TRIBUNAL , AHMEDABAD BENCHScheme of merger and Amalgamation - seeking the dispensation of meeting of all the shareholder and creditors of all the petitioner companies as all the shareholders and creditors of the applicant/transferor companies as well as applicant/transfree company for the proposed scheme of merger and amalgamation - section 230-232 of the Companies Act, 2013 - HELD THAT:- On perusal of the record it is found that there are no Secured Creditors in the Transferor Company No. 1 and 2, hence, no need of convening a meeting of the secured creditors of Transferor Company No. 1 and 2. The meetings of share holders of the applicant companies no. 1, 2 and 3 Companies shall be held on 10.10.2020 at 1:00 P.M., 2:00 PM and 3: 00 A.M. respectively at registered office of transfree company i.e. at Plot no. 5520, Road No. 55 GIDC, Sachin Surat or through video conferencing for the purpose of considering and if, thought fit, approving, with or without modification(s), the Scheme of Arrangement - the meetings of the unsecured creditors of applicant company no. 2 and applicant/transfree company no. 3 shall be held on 10.10.2020 at 4:00 PM and 5:00 PM respectively at registered office of transfree company i.e. at Plot no. 5520, Road No. 55 GIDC, Sachin Surat or through video conferencing for the purpose of considering and if, thought fit, approving, with or without modification(s), the Scheme of Arrangement. Various directions regarding the meetings, issued - application allowed.
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