https://www.taxtmi.com/caselaws?id=103345 The shareholders of the amalgamating companies approved the scheme in accordance with the directions for convening and conducting meetings. The Official Liquidator's report under the second proviso to section 394 disclosed no material suggesting that the company's affairs had been conducted prejudicially to members or public interest, and the Regional Director did not oppose the proposal. Finding compliance with sections 391 and 394 of the Companies Act, 1956, the High Court sanctioned the amalgamation scheme and allowed the company petitions. en-us Sat, 05 Oct 1996 00:00:00 +0530 Wed, 22 Feb 2012 14:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103345 The shareholders of the amalgamating companies approved the scheme in accordance with the directions for convening and conducting meetings. The Official Liquidator's report under the second proviso to section 394 disclosed no material suggesting that the company's affairs had been conducted prejudicially to members or public interest, and the Regional Director did not oppose the proposal. Finding compliance with sections 391 and 394 of the Companies Act, 1956, the High Court sanctioned the amalgamation scheme and allowed the company petitions. Case-Laws Companies Law Sat, 05 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103345