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2021 (7) TMI 38 - Tri - Companies LawApproval of scheme of Merger - seeking holding and dispensing with various meetings - Section 230 to 232 and other applicable provisions of the Companies Act, 2013 - HELD THAT:- The meetings of Equity shareholders of all the Applicant Companies is hereby dispensed with in view of the consent by way of Affidavits received from all Equity shareholders - Since the Applicant Companies have no Secured Creditors, the meetings of Secured Creditors of any of the Applicant Companies are not required to be convened hence dispensed with - Since the Applicant Company No. 4 & 6 have no Unsecured Creditors, the meetings of Unsecured Creditors of the Applicant Company No. 4 & 6 are not required to be convened hence dispensed with - The meetings of Unsecured Creditors of Applicant No. 1, Applicant No. 2, Applicant No. 3, Applicant No. 5, Applicant No. 7, Applicant No. 8, Applicant No. 9, Applicant No. 10 and Applicant Transferee Company is hereby dispensed with in view of the consent by way of Affidavits received from all Unsecured Creditors of the above mentioned applicant companies. Various directions regarding issuance of various notices also provided. Application allowed.
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