https://www.taxtmi.com/caselaws?id=102082 The court sanctioned the scheme of amalgamation and merger between the transferor-company and the transferee-company, finding it beneficial for both companies, their shareholders, and creditors, and in the public interest. The scheme was approved by a statutory majority, and the court directed the transferor-company to stand dissolved upon sanction of the order of amalgamation. The scheme took effect from April 1, 1989, and the Registrar of Companies was instructed to consolidate the files of both companies. Parties were directed to bear their own costs. en-us Wed, 31 Oct 1990 00:00:00 +0530 Mon, 13 Feb 2012 16:32:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102082 The court sanctioned the scheme of amalgamation and merger between the transferor-company and the transferee-company, finding it beneficial for both companies, their shareholders, and creditors, and in the public interest. The scheme was approved by a statutory majority, and the court directed the transferor-company to stand dissolved upon sanction of the order of amalgamation. The scheme took effect from April 1, 1989, and the Registrar of Companies was instructed to consolidate the files of both companies. Parties were directed to bear their own costs. Case-Laws Companies Law Wed, 31 Oct 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102082