https://www.taxtmi.com/caselaws?id=112511 The Court sanctioned the Scheme of Amalgamation and Arrangement between M/s. VA Tech Hydro India Private Limited and VA Tech Escher Wyss Flovel Private Limited, finding it fair and just. Shareholders and creditors consented to the Scheme, meeting statutory requirements. Independent valuers determined a reasonable exchange ratio of shares, ensuring post-amalgamation assets would cover liabilities. Regulatory compliance was observed, with no objections raised. The Scheme was approved to be effective from 1-1-2009, with the transferor-company to be wound up without a winding-up order. The Company Petition was concluded accordingly. en-us Thu, 07 May 2009 00:00:00 +0530 Sun, 09 Nov 2014 22:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112511 The Court sanctioned the Scheme of Amalgamation and Arrangement between M/s. VA Tech Hydro India Private Limited and VA Tech Escher Wyss Flovel Private Limited, finding it fair and just. Shareholders and creditors consented to the Scheme, meeting statutory requirements. Independent valuers determined a reasonable exchange ratio of shares, ensuring post-amalgamation assets would cover liabilities. Regulatory compliance was observed, with no objections raised. The Scheme was approved to be effective from 1-1-2009, with the transferor-company to be wound up without a winding-up order. The Company Petition was concluded accordingly. Case-Laws Companies Law Thu, 07 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112511