https://www.taxtmi.com/caselaws?id=112267 The Court granted sanction to the proposed scheme of amalgamation under sections 391/394 of the Companies Act, allowing the amalgamation of a transferor-company with a transferee-company. The scheme aimed at generating economies of scale and adding value for stakeholders by integrating mobile telephone services businesses. The Court found the scheme to be legally compliant, safeguarding the interests of shareholders and creditors. Reports from specified authorities confirmed no objections to the scheme, leading to the grant of final sanction subject to approval by other High Courts. en-us Thu, 30 Aug 2007 00:00:00 +0530 Mon, 29 Dec 2014 11:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112267 The Court granted sanction to the proposed scheme of amalgamation under sections 391/394 of the Companies Act, allowing the amalgamation of a transferor-company with a transferee-company. The scheme aimed at generating economies of scale and adding value for stakeholders by integrating mobile telephone services businesses. The Court found the scheme to be legally compliant, safeguarding the interests of shareholders and creditors. Reports from specified authorities confirmed no objections to the scheme, leading to the grant of final sanction subject to approval by other High Courts. Case-Laws Companies Law Thu, 30 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112267