https://www.taxtmi.com/caselaws?id=108648 The Court granted sanction to the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, allowing the merger of two companies. Shareholders and creditors unanimously approved the scheme, with no substantial objections raised. The Court dismissed objections regarding notice procedures and creditor information, ruling in favor of the amalgamation. The Regional Director and Official Liquidator had no objections, and tax authority approval was deemed unnecessary. The Transferor-Company was dissolved without winding-up proceedings due to compliance with legal requirements and lack of opposition. en-us Fri, 13 Dec 2002 00:00:00 +0530 Tue, 03 Apr 2012 12:10:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108648 The Court granted sanction to the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, allowing the merger of two companies. Shareholders and creditors unanimously approved the scheme, with no substantial objections raised. The Court dismissed objections regarding notice procedures and creditor information, ruling in favor of the amalgamation. The Regional Director and Official Liquidator had no objections, and tax authority approval was deemed unnecessary. The Transferor-Company was dissolved without winding-up proceedings due to compliance with legal requirements and lack of opposition. Case-Laws Companies Law Fri, 13 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108648