Identity of interests in amalgamation requires both transferor and transferee to obtain separate judicial directions when incorporated in different jurisdictions. Where an amalgamation creates an identity of interests between transferor and transferee, approval of shareholders of both companies is required and both companies should apply under the relevant statutory provisions; if companies are incorporated in different States, each should seek its respective High Court's directions under the Companies (Court) Rules, while if both are in the same State the petitioning company should make the other a party to the petition.