Dispensing with requirement for convening meeting of Equity Shareholders not possible: NCLT

This is an application which is jointly filed by the applicant companies herein, namely TVA Trading Private Limited (for brevity “Transferor Company”) and C & S Electric Limited (for brevity “Transferee Company”) under Section 230 to 232 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 in relation to the Scheme of Amalgamation proposed between the applicants and the said Scheme also annexed as Annexure “A” to the application with the following prayers:- I. Dispensing ...