https://www.taxtmi.com/caselaws?id=111320 A scheme of amalgamation was discussed in the context of objections on authorised share capital, amendment of the transferee-company's main objects, RBI compliance, and the appointed date. The objections were treated as lacking merit, infructuous, or capable of correction, and the scheme was stated to proceed from the appointed date. On sanction, the usual statutory consequences of amalgamation followed, including transfer of assets and liabilities, continuation of pending proceedings, allotment of shares to eligible members, filing of the order with the Registrar of Companies, and dissolution of the transferor-company without winding up. en-us Tue, 26 Sep 2006 00:00:00 +0530 Mon, 23 Apr 2012 10:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111320 A scheme of amalgamation was discussed in the context of objections on authorised share capital, amendment of the transferee-company's main objects, RBI compliance, and the appointed date. The objections were treated as lacking merit, infructuous, or capable of correction, and the scheme was stated to proceed from the appointed date. On sanction, the usual statutory consequences of amalgamation followed, including transfer of assets and liabilities, continuation of pending proceedings, allotment of shares to eligible members, filing of the order with the Registrar of Companies, and dissolution of the transferor-company without winding up. Case-Laws Companies Law Tue, 26 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111320