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2012 (12) TMI 858

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..... In view of the written consents/NOC given, the requirement of convening meetings of Shareholders and secured and unsecured creditors of the Transferor Companies and the Transferee Company are dispensed with - shareholders of the transferor companies and transferee company have also given their consents - scheme of arrangement allowed. - CO.APPL.(M) -186/2012 - - - Dated:- 5-12-2012 - INDERME .....

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..... aid up capital have been given in the Application. 4. Copies of the Memorandum and Articles of Association as well as the latest audited Annual Accounts for the year ended 31st March, 2012 of all the Applicant Companies have also been enclosed with the Application. 5. Learned counsel for the Applicant Companies submitted that no proceedings under Section 235 to 251 of Companies Act, 1956 are p .....

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..... of convening meeting of Secured and Un-secured Creditors of the Transferor Companies and Transferee Company are dispensed with. The shareholders of the transferor companies and transferee company have also given their consents, as per law and their meetings are also dispensed with. 10. The Application stands allowed in the aforesaid terms. Order Dasti. - - TaxTMI - TMITax - Corporate Laws .....

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