https://www.taxtmi.com/caselaws?id=111468 The Court granted sanction to the Scheme of Amalgamation between two closely-held public limited companies, finding the objections raised by the Regional Director regarding valuation methods to be insubstantial. The Court approved the merger as beneficial for shareholders, creditors, and stakeholders, allowing the transferor-company to dissolve without winding up. Interested parties were permitted to seek further directions from the Court, and the petition was disposed of in accordance with the order granting sanction to the Scheme under the Companies Act, 1956. en-us Thu, 18 Jan 2007 00:00:00 +0530 Mon, 23 Apr 2012 16:29:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111468 The Court granted sanction to the Scheme of Amalgamation between two closely-held public limited companies, finding the objections raised by the Regional Director regarding valuation methods to be insubstantial. The Court approved the merger as beneficial for shareholders, creditors, and stakeholders, allowing the transferor-company to dissolve without winding up. Interested parties were permitted to seek further directions from the Court, and the petition was disposed of in accordance with the order granting sanction to the Scheme under the Companies Act, 1956. Case-Laws Companies Law Thu, 18 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111468