Disposed
Tagg Infotech Pvt. Ltd. (Formerly Known as Iol Cybertech Pvt. Ltd.) v. ------------------------------------------
Bombay HCCA/211/2009
Case brief
AI extract
What is this about?
In a Company Application under Sections 391-394, the High Court dispensed with convening meetings for the equity shareholders and unsecured creditors of the applicant company to approve a Scheme of Amalgamation, as full consent was evidenced by annexed affidavits.
What did the court decide?
Convening and holding of meetings of equity shareholders and unsecured creditors for the Scheme of Amalgamation are dispensed with.