NCLT JUDGEMENT ON SECTION 133, 230, 231, 232 OF THE COMPANIES ACT, 2013 AND RULE 3, 3(2) OF THE NATIONAL COMPANY LAW TRIBUNAL RULES, 2016
Kalyankari Suppliers Private Limited And Ors Vs. Shiv Coal Benification And Power Private Limited, (2020) 05 NCLT CK 0015 NCLT allowed the application filed by the applicant under Section 230 to 232 read with Companies (Arrangements, Compromises and Amalgamations) Rules, 2016 in relation to Scheme of Amalgamation (For brevity "Scheme") proposed between the Applicants. While allowing the application NCLT held that taking into consideration the application and the documents filed herewith, we propose to issue the directions with respect to calling, convening and holding the meeting of Equity Shareholders, Partners, secured and unsecured creditors or dispensing the same.