https://www.taxtmi.com/caselaws?id=112458 A scheme of amalgamation was sanctioned under the Companies Act, 1956 after the objections of the Official Liquidator and the Registrar of Companies were addressed, the undertaking on compliance with FEMA and RBI requirements for share allotment was recorded, and no effective objection was raised by interested persons after notice. The court found the arrangement beneficial to the companies concerned and approved the scheme, subject to sanction by the High Court of Delhi and the High Court of Judicature at Bombay. The petitioner-company was directed to stand dissolved without winding up, and the order was to be filed with the Registrar of Companies. en-us Thu, 09 Apr 2009 00:00:00 +0530 Tue, 11 Nov 2014 15:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112458 A scheme of amalgamation was sanctioned under the Companies Act, 1956 after the objections of the Official Liquidator and the Registrar of Companies were addressed, the undertaking on compliance with FEMA and RBI requirements for share allotment was recorded, and no effective objection was raised by interested persons after notice. The court found the arrangement beneficial to the companies concerned and approved the scheme, subject to sanction by the High Court of Delhi and the High Court of Judicature at Bombay. The petitioner-company was directed to stand dissolved without winding up, and the order was to be filed with the Registrar of Companies. Case-Laws Companies Law Thu, 09 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112458