https://www.taxtmi.com/caselaws?id=112754 The Court sanctioned the scheme of amalgamation between M/s. Nokia Siemens Network India (P.) Ltd. and M/s. Nokia Siemens Networks (P.) Ltd., making it binding on all stakeholders. The Court ruled that compliance with sections 94 and 97 of the Companies Act was not necessary as the scheme approved by the Court superseded these requirements. It was held that no additional registration fee or stamp duty was needed, and a separate petition by the transferee-company was not required due to the nature of the merger. The judgment emphasized the benefits of the scheme and directed the petitioner to file the order with the Registrar of Companies within 30 days. en-us Fri, 09 Jan 2009 00:00:00 +0530 Thu, 20 Nov 2014 15:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112754 The Court sanctioned the scheme of amalgamation between M/s. Nokia Siemens Network India (P.) Ltd. and M/s. Nokia Siemens Networks (P.) Ltd., making it binding on all stakeholders. The Court ruled that compliance with sections 94 and 97 of the Companies Act was not necessary as the scheme approved by the Court superseded these requirements. It was held that no additional registration fee or stamp duty was needed, and a separate petition by the transferee-company was not required due to the nature of the merger. The judgment emphasized the benefits of the scheme and directed the petitioner to file the order with the Registrar of Companies within 30 days. Case-Laws Companies Law Fri, 09 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112754