Relogistics (Uttar Pradesh) Pvt. Ltd. v. -
Case brief
What is this about?
A single-judge bench of the Bombay High Court disposed of an application by Relogistics (Uttar Pradesh) Private Limited. The court dispensed with the requirement of convening and holding statutory meetings of equity shareholders, preference shareholders (who did not exist), secured creditors (who did not exist), and unsecured creditors to approve a proposed Scheme of Amalgamation, relying on conse
What did the court decide?
Convening and holding of meetings of equity shareholders, secured creditors, and unsecured creditors is dispensed with for the proposed Scheme of Amalgamation. Meeting of preference shareholders does