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2021 (7) TMI 708 - Tri - Companies LawApproval of scheme of Amalgamation - seeking dispensation of meeting of Equity Shareholders, secured creditors and unsecured creditors of all the applicant companies - seeking direction for holding and convening the meetings of unsecured creditors of applicant companies - HELD THAT:- The meetings of the Shareholders of all the applicant companies as well as meetings of Secured Creditors of Applicant Company No. 2 and Applicant Company No. 4 and the meeting of Unsecured Creditors of Applicant Company No. 3 are hereby dispensed with. Since there are no Secured Creditors and Unsecured Creditors in Applicant Company No. 1 and no Secured Creditor in Applicant Company 3, question for convening of meetings of Secured Creditors and Unsecured Creditors in Applicant Company 1 and meeting of Secured Creditor in Applicant Company 3 does not arise at all. The present application complies all the requisite criteria of section 230-232 of the companies Act, 2013 - the present application is allowed.
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