https://www.taxtmi.com/caselaws?id=99069 The residuary power under the amalgamation provisions is confined to directions necessary to complete and make effective the reconstruction or amalgamation, applying ejusdem generis to clauses incidental or consequential to the scheme. A request to compel the transferee company to discharge the transferor company's antecedent tax liability was held outside that scope, because it would amount to independent enforcement rather than a step required to effect the amalgamation. Article 137 of the Limitation Act, 1963 was also held inapplicable to such special-statute proceedings, but that did not assist the applicant because the petition failed on maintainability. en-us Wed, 19 Dec 1973 00:00:00 +0530 Wed, 25 Jan 2012 10:47:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99069 The residuary power under the amalgamation provisions is confined to directions necessary to complete and make effective the reconstruction or amalgamation, applying ejusdem generis to clauses incidental or consequential to the scheme. A request to compel the transferee company to discharge the transferor company's antecedent tax liability was held outside that scope, because it would amount to independent enforcement rather than a step required to effect the amalgamation. Article 137 of the Limitation Act, 1963 was also held inapplicable to such special-statute proceedings, but that did not assist the applicant because the petition failed on maintainability. Case-Laws Companies Law Wed, 19 Dec 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99069