https://www.taxtmi.com/caselaws?id=106101 The Court approved the scheme of amalgamation between the transferor-company and transferee-company, following unanimous approval by shareholders and creditors. Despite objections raised by the Regional Director regarding the exchange ratio, the Court upheld the original ratio proposed in the scheme after considering expert opinions and legal precedents. The Court sanctioned the scheme, binding all members of both companies and directing necessary steps for implementation, including dissolution of the transferor-company and consolidation of documents with the Registrar of Companies, in accordance with the Companies Act, 1956. en-us Wed, 09 Aug 2000 00:00:00 +0530 Mon, 12 Mar 2012 16:20:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106101 The Court approved the scheme of amalgamation between the transferor-company and transferee-company, following unanimous approval by shareholders and creditors. Despite objections raised by the Regional Director regarding the exchange ratio, the Court upheld the original ratio proposed in the scheme after considering expert opinions and legal precedents. The Court sanctioned the scheme, binding all members of both companies and directing necessary steps for implementation, including dissolution of the transferor-company and consolidation of documents with the Registrar of Companies, in accordance with the Companies Act, 1956. Case-Laws Companies Law Wed, 09 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106101