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    <title>1995 (11) TMI 316 - HIGH COURT OF BOMBAY</title>
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    <description>The scheme of amalgamation was considered fit for court sanction because the requisite meetings of members and unsecured creditors had been dispensed with on unanimous consent, notice requirements were met by publication as directed, and the Official Liquidator reported, on the auditors&#039; report, that the transferor company&#039;s affairs were not conducted in a manner prejudicial to members or public interest. No objection was raised to the petition, and the scheme was sanctioned with the petition made absolute.</description>
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      <description>The scheme of amalgamation was considered fit for court sanction because the requisite meetings of members and unsecured creditors had been dispensed with on unanimous consent, notice requirements were met by publication as directed, and the Official Liquidator reported, on the auditors&#039; report, that the transferor company&#039;s affairs were not conducted in a manner prejudicial to members or public interest. No objection was raised to the petition, and the scheme was sanctioned with the petition made absolute.</description>
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