A court order mandates a series of meetings for shareholders and creditors related to a scheme of amalgamation between two applicant companies and a transferee company, scheduled for November 27, 2026, at the Transferee Company's registered office in Chennai, with video conferencing options available. Samer Kaker will serve as Chairperson, while Mudit Jain will act as Scrutinizer. Meetings require quorums of 30 for equity shareholders and 20 for unsecured creditors, with certain meetings for Company 2 dispensed with due to unanimous consent. Notices must be sent 30 days in advance, and advertisements published in "Trinity Mirror" and "Makkal Kural," with reporting due within three days. The order, passed by Judges Venkatamaran Subramanian and Sanjiv Jain, requires compliance with the Companies Act, 2013, and notification of various regulatory authorities.
