https://www.taxtmi.com/caselaws?id=103259 The court ordered the transfer of property, rights, powers, debts, liabilities, duties, and obligations of NTCIL to WFSL in accordance with the Companies Act, 1956. Legal proceedings involving NTCIL will continue with WFSL, and a Schedule of Assets must be filed. Both companies must register the court order with the Registrar of Companies. The Official Liquidator must file a report on NTCIL within six weeks, with WFSL allowed to apply for dissolution without winding up. Parties have the liberty to seek court directions, and compliance with the court order is mandatory to ensure smooth implementation of the amalgamation process. en-us Thu, 15 Jun 1995 00:00:00 +0530 Tue, 21 Feb 2012 18:10:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103259 The court ordered the transfer of property, rights, powers, debts, liabilities, duties, and obligations of NTCIL to WFSL in accordance with the Companies Act, 1956. Legal proceedings involving NTCIL will continue with WFSL, and a Schedule of Assets must be filed. Both companies must register the court order with the Registrar of Companies. The Official Liquidator must file a report on NTCIL within six weeks, with WFSL allowed to apply for dissolution without winding up. Parties have the liberty to seek court directions, and compliance with the court order is mandatory to ensure smooth implementation of the amalgamation process. Case-Laws Companies Law Thu, 15 Jun 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103259