https://www.taxtmi.com/caselaws?id=112661 The High Court of Allahabad allowed both Company Petitions, confirming the 'Scheme of Arrangement' for demerger between the demerged and resulting companies. The judgment emphasized compliance with legal requirements, unanimous approval from shareholders and creditors, and the absence of objections impacting the validity of the scheme. The court's decision ensured the effective implementation of the demerger as proposed in the scheme. en-us Tue, 16 Sep 2008 00:00:00 +0530 Fri, 28 Nov 2014 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112661 The High Court of Allahabad allowed both Company Petitions, confirming the 'Scheme of Arrangement' for demerger between the demerged and resulting companies. The judgment emphasized compliance with legal requirements, unanimous approval from shareholders and creditors, and the absence of objections impacting the validity of the scheme. The court's decision ensured the effective implementation of the demerger as proposed in the scheme. Case-Laws Companies Law Tue, 16 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112661