https://www.taxtmi.com/caselaws?id=112683 The court granted the prayers for amalgamation of three transferor-companies with a transferee-company under sections 391 and 394 of the Companies Act, 1956. Despite objections raised by a party regarding property transfer, the court found in favor of the petitioner companies, stating compliance with all requirements and dismissing objections as irrelevant. The court emphasized the amalgamation's benefits for companies, members, and creditors, ensuring the objector's rights in pending proceedings would not be affected. The petitions were disposed of, with costs directed to be paid to the Central Government counsel. en-us Tue, 14 Oct 2008 00:00:00 +0530 Thu, 27 Nov 2014 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112683 The court granted the prayers for amalgamation of three transferor-companies with a transferee-company under sections 391 and 394 of the Companies Act, 1956. Despite objections raised by a party regarding property transfer, the court found in favor of the petitioner companies, stating compliance with all requirements and dismissing objections as irrelevant. The court emphasized the amalgamation's benefits for companies, members, and creditors, ensuring the objector's rights in pending proceedings would not be affected. The petitions were disposed of, with costs directed to be paid to the Central Government counsel. Case-Laws Companies Law Tue, 14 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112683