https://www.taxtmi.com/caselaws?id=112539 The court sanctioned the scheme of arrangement under sections 391 and 394 of the Companies Act for four companies specializing in mineral exploration and development. The scheme aimed to allocate different minerals to each company for focused development, with the transferor company focusing on gold and its subsidiaries on other minerals. Approval was granted after no objections were raised, and the Regional Director's concerns were addressed. The judgment allowed the companies to proceed with their focused mineral exploration plans, subject to compliance with regulatory requirements and submission of necessary documentation to the Registrar of Companies within thirty days. en-us Fri, 29 May 2009 00:00:00 +0530 Fri, 07 Nov 2014 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112539 The court sanctioned the scheme of arrangement under sections 391 and 394 of the Companies Act for four companies specializing in mineral exploration and development. The scheme aimed to allocate different minerals to each company for focused development, with the transferor company focusing on gold and its subsidiaries on other minerals. Approval was granted after no objections were raised, and the Regional Director's concerns were addressed. The judgment allowed the companies to proceed with their focused mineral exploration plans, subject to compliance with regulatory requirements and submission of necessary documentation to the Registrar of Companies within thirty days. Case-Laws Companies Law Fri, 29 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112539