https://www.taxtmi.com/caselaws?id=111808 The Court sanctioned the proposed scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, involving 'M/s. Nishraj Traders (P.) Ltd.' and 'M/s Madhu Viniyog (P.) Ltd.' The scheme aimed to consolidate assets and resources for operational efficiencies, with a fair share exchange ratio based on a valuation report. The Court found no legal impediment to approving the scheme, directing the transferee-company to deposit costs and file a certified copy with the Registrar of Companies. Upon sanction, the transferor-company would dissolve without winding up, and the petition was disposed of accordingly. en-us Mon, 05 May 2008 00:00:00 +0530 Mon, 08 Dec 2014 14:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111808 The Court sanctioned the proposed scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, involving 'M/s. Nishraj Traders (P.) Ltd.' and 'M/s Madhu Viniyog (P.) Ltd.' The scheme aimed to consolidate assets and resources for operational efficiencies, with a fair share exchange ratio based on a valuation report. The Court found no legal impediment to approving the scheme, directing the transferee-company to deposit costs and file a certified copy with the Registrar of Companies. Upon sanction, the transferor-company would dissolve without winding up, and the petition was disposed of accordingly. Case-Laws Companies Law Mon, 05 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111808