https://www.taxtmi.com/caselaws?id=111391 The court approved the scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, allowing the transferor companies to merge with the transferee company. The amalgamation aimed to enhance operations and optimize productivity without winding up the transferor companies. The objections raised by the Regional Director were dismissed, and the court found the scheme compliant with statutory provisions, protecting the interests of employees and stakeholders. The court deemed the scheme fair, just, and in accordance with the law, ordering the dissolution of the transferor companies without winding up. en-us Fri, 01 Dec 2006 00:00:00 +0530 Mon, 23 Apr 2012 13:23:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111391 The court approved the scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, allowing the transferor companies to merge with the transferee company. The amalgamation aimed to enhance operations and optimize productivity without winding up the transferor companies. The objections raised by the Regional Director were dismissed, and the court found the scheme compliant with statutory provisions, protecting the interests of employees and stakeholders. The court deemed the scheme fair, just, and in accordance with the law, ordering the dissolution of the transferor companies without winding up. Case-Laws Companies Law Fri, 01 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111391