https://www.taxtmi.com/caselaws?id=102161 The court held that compliance with sections 100 to 105 of the Companies Act, 1956 was not necessary for a scheme of amalgamation involving the transfer of all assets and liabilities without any release of assets. The scheme was approved by shareholders and deemed beneficial for all parties involved, including creditors. The court sanctioned the amalgamation and directed the official liquidator to confirm the companies' affairs were conducted in the members' and public's interest before deciding on the dissolution of the transferor-companies without winding up. en-us Mon, 09 Dec 1991 00:00:00 +0530 Mon, 13 Feb 2012 18:11:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102161 The court held that compliance with sections 100 to 105 of the Companies Act, 1956 was not necessary for a scheme of amalgamation involving the transfer of all assets and liabilities without any release of assets. The scheme was approved by shareholders and deemed beneficial for all parties involved, including creditors. The court sanctioned the amalgamation and directed the official liquidator to confirm the companies' affairs were conducted in the members' and public's interest before deciding on the dissolution of the transferor-companies without winding up. Case-Laws Companies Law Mon, 09 Dec 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102161