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    <title>1998 (2) TMI 453 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>The Court sanctioned the amalgamation scheme under section 394 of the Companies Act, 1956, proposed by Abhishek Industrial Corpn. Ltd. with Trident Info-Tech Corpn. Ltd. All necessary parties were notified, affidavits expressed no objection, meetings confirmed creditor approval, and legal scrutiny ensured compliance. The Court found the scheme beneficial for shareholders and in the public interest, leading to its approval without opposition. The scheme&#039;s sanction was ordered to be published in specified newspapers, with no costs awarded.</description>
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