https://www.taxtmi.com/caselaws?id=102504 The Full Bench concluded that the second proviso to Section 394(1) of the Companies Act is not always applicable in cases of amalgamation, and dissolution without winding up is not mandatory. The court upheld the sanction of the amalgamation without ordering dissolution of the transferor company. The case was remanded to the Division Bench for further proceedings on other factual matters, if any. en-us Fri, 24 Jun 1994 00:00:00 +0530 Fri, 12 Apr 2019 10:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102504 The Full Bench concluded that the second proviso to Section 394(1) of the Companies Act is not always applicable in cases of amalgamation, and dissolution without winding up is not mandatory. The court upheld the sanction of the amalgamation without ordering dissolution of the transferor company. The case was remanded to the Division Bench for further proceedings on other factual matters, if any. Case-Laws Indian Laws Fri, 24 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102504