https://www.taxtmi.com/caselaws?id=112450 The court sanctioned the scheme of amalgamation under sections 391 to 394 of the Companies Act, 1956, between two companies, with approval for the scheme to be binding on shareholders and creditors. Shareholders and creditors consented to the scheme, and no objections were raised by the Regional Director or Official Liquidator. Newspaper publication was done, and no opposition was received. The court found the amalgamation beneficial, ordered dissolution of the transferor company without winding up, and directed the preparation of a decree to be filed with the Registrar of Companies within 30 days. en-us Fri, 03 Apr 2009 00:00:00 +0530 Mon, 30 Apr 2012 11:20:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112450 The court sanctioned the scheme of amalgamation under sections 391 to 394 of the Companies Act, 1956, between two companies, with approval for the scheme to be binding on shareholders and creditors. Shareholders and creditors consented to the scheme, and no objections were raised by the Regional Director or Official Liquidator. Newspaper publication was done, and no opposition was received. The court found the amalgamation beneficial, ordered dissolution of the transferor company without winding up, and directed the preparation of a decree to be filed with the Registrar of Companies within 30 days. Case-Laws Companies Law Fri, 03 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112450