https://www.taxtmi.com/caselaws?id=111156 The court granted sanction to the scheme of amalgamation between the transferor and transferee companies under sections 391 and 394 of the Companies Act, 1956. Despite objections raised by the Regional Director, the court approved the scheme, emphasizing it was not against public interest or the company's members' interests. Company Petition No. 26 of 2005 and Company Petition No. 27 of 2005 were admitted, meetings were held, and the scheme was approved. The court directed the petitioners to pay costs to the Assistant Solicitor-General, and both petitions were disposed of with the amalgamation scheme approved. en-us Fri, 15 Apr 2005 00:00:00 +0530 Fri, 20 Apr 2012 16:24:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111156 The court granted sanction to the scheme of amalgamation between the transferor and transferee companies under sections 391 and 394 of the Companies Act, 1956. Despite objections raised by the Regional Director, the court approved the scheme, emphasizing it was not against public interest or the company's members' interests. Company Petition No. 26 of 2005 and Company Petition No. 27 of 2005 were admitted, meetings were held, and the scheme was approved. The court directed the petitioners to pay costs to the Assistant Solicitor-General, and both petitions were disposed of with the amalgamation scheme approved. Case-Laws Companies Law Fri, 15 Apr 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111156