Tag: NCLT
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Reprimand or Warning Orders by NCLT
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NCLT Denies Itself the Power to Dispense With Meetings in an Amalgamation
Hitherto, schemes of arrangement were carried out under sections 391 to 394 of the Companies Act, 1956 and the jurisdiction for sanction of the schemes was exercised by the relevant High Court. At the initial stage, the role of the High Court was to call for the meetings of various classes of shareholders and creditors
