https://www.taxtmi.com/caselaws?id=104363 The Court sanctioned the scheme of amalgamation, making it binding on all equity shareholders and creditors of the involved companies. The transfer of undertakings, properties, rights, and liabilities to the transferee company is effective from 1-4-1995. Pending proceedings will proceed against the transferee company, with no absolution of pre-amalgamation liabilities or statutory breaches. Certified copies of the order must be submitted to the Registrar of Companies within 30 days, with the liberty to seek further directions if needed. The transferee company is responsible for paying the fees of the Central Government's counsel. en-us Mon, 21 Sep 1998 00:00:00 +0530 Wed, 28 Mar 2012 15:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104363 The Court sanctioned the scheme of amalgamation, making it binding on all equity shareholders and creditors of the involved companies. The transfer of undertakings, properties, rights, and liabilities to the transferee company is effective from 1-4-1995. Pending proceedings will proceed against the transferee company, with no absolution of pre-amalgamation liabilities or statutory breaches. Certified copies of the order must be submitted to the Registrar of Companies within 30 days, with the liberty to seek further directions if needed. The transferee company is responsible for paying the fees of the Central Government's counsel. Case-Laws Companies Law Mon, 21 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104363