Disposed
Pahadi Transport Private Limited v. -
Bombay HCCSD/117/2014
Case brief
AI extract
What is this about?
The High Court dispensed with the need for convening meetings of equity shareholders, unsecured creditors, and secured creditors for approving a scheme of amalgamation under Sections 391-394 of the Companies Act, 1956, as requisite consents were already obtained.
What did the court decide?
The convening and holding of meetings of equity shareholders, unsecured creditors, and (if applicable) secured creditors for approving the proposed scheme of amalgamation is dispensed with.