https://www.taxtmi.com/caselaws?id=111861 The High Court of Uttarakhand granted sanction to a Scheme of Arrangement between two companies under sections 391 and 394 of the Companies Act, 1956. The Court allowed a joint Company Application, dispensing with equity shareholders' meetings and requiring a creditors' meeting for the transferor-company, which approved the Scheme. Citations were published, and the Regional Director's report confirmed the transfer of employees. A typographical error was rectified, and with no objections, the Court sanctioned the Scheme, directing filing with the Registrar of Companies within six weeks. en-us Fri, 23 May 2008 00:00:00 +0530 Wed, 25 Apr 2012 16:06:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111861 The High Court of Uttarakhand granted sanction to a Scheme of Arrangement between two companies under sections 391 and 394 of the Companies Act, 1956. The Court allowed a joint Company Application, dispensing with equity shareholders' meetings and requiring a creditors' meeting for the transferor-company, which approved the Scheme. Citations were published, and the Regional Director's report confirmed the transfer of employees. A typographical error was rectified, and with no objections, the Court sanctioned the Scheme, directing filing with the Registrar of Companies within six weeks. Case-Laws Companies Law Fri, 23 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111861