https://www.taxtmi.com/caselaws?id=112402 The High Court of Rajasthan modified its previous order regarding a scheme of arrangement under sections 392 and 394 of the Companies Act, 1956. The court found merit in the applicants' arguments, citing legal precedents, and decided to sanction the scheme subject to conditions, including enhancing authorized capital per the Companies Act procedures. The court also directed the applicants to pay costs, corrected an omission in the previous order, and instructed filing of the order with the Registrar of Companies. en-us Fri, 09 Feb 2007 00:00:00 +0530 Sat, 28 Apr 2012 11:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112402 The High Court of Rajasthan modified its previous order regarding a scheme of arrangement under sections 392 and 394 of the Companies Act, 1956. The court found merit in the applicants' arguments, citing legal precedents, and decided to sanction the scheme subject to conditions, including enhancing authorized capital per the Companies Act procedures. The court also directed the applicants to pay costs, corrected an omission in the previous order, and instructed filing of the order with the Registrar of Companies. Case-Laws Companies Law Fri, 09 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112402