https://www.taxtmi.com/caselaws?id=102647 The Court sanctioned the scheme of amalgamation between Gujarat Organics Ltd. (transferor-company) and Rangkala Investments Ltd. (transferee-company) under sections 391, 392, and 394 of the Companies Act, 1956. The objections raised regarding the object clause of the transferee-company's memorandum of association were dismissed, and the Court asserted its jurisdiction to approve necessary alterations. The scheme was deemed fair, protective of all interests, and effective from April 1, 1993. All rights, liabilities, and duties of the transferor-company were transferred to the transferee-company, leading to the dissolution of the transferor-company without winding up. en-us Thu, 17 Nov 1994 00:00:00 +0530 Wed, 15 Feb 2012 16:14:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102647 The Court sanctioned the scheme of amalgamation between Gujarat Organics Ltd. (transferor-company) and Rangkala Investments Ltd. (transferee-company) under sections 391, 392, and 394 of the Companies Act, 1956. The objections raised regarding the object clause of the transferee-company's memorandum of association were dismissed, and the Court asserted its jurisdiction to approve necessary alterations. The scheme was deemed fair, protective of all interests, and effective from April 1, 1993. All rights, liabilities, and duties of the transferor-company were transferred to the transferee-company, leading to the dissolution of the transferor-company without winding up. Case-Laws Companies Law Thu, 17 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102647