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2021 (3) TMI 808 - Tri - Companies LawSeeking sanction of the Scheme of Amalgamation - Sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- The meetings of the Equity Shareholders of both the Applicant Companies are dispensed with as their consents by way of affidavits have been received. Meeting of the Preference Shareholders of Transferee Company is dispensed with as their consents by way of affidavit have been received. Meetings of the unsecured creditors of Applicant Companies are dispensed with in view of consents received by way of affidavits. Since, there are no Secured Creditors in both the Applicant Companies, therefore there is nothing to call and convene of their meetings. However, Rule 8 of the Rules requires the notice of the meetings to be sent to the Statutory Authorities in Form CAA 3. Since the calling and convening of the meetings are being dispensed with, the applicants shall have to make a specific prayer while moving the second motion petition to issue the notice to those Statutory Authorities. The First Motion Application stands allowed
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