https://www.taxtmi.com/caselaws?id=113032 The Court sanctioned the Scheme of Arrangement in the nature of amalgamation under sections 391 to 394 of the Companies Act, 1956, between Mekaster Valves & Engineering Services Private Limited and Mekaster Engineering & Equipments Private Limited. The Court approved the amalgamation, emphasizing synergic advantages, operational synchronization, resource utilization, cost reduction, and improved profits. Compliance with relevant provisions, objections raised by the Central Government, and the principle of Single Window Clearance were addressed, leading to the approval of the Scheme by shareholders. The Court granted the petition, sanctioning the Scheme with all its clauses and proposals, and awarded costs to the Assistant Solicitor General of India. en-us Tue, 06 May 2008 00:00:00 +0530 Mon, 08 Dec 2014 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113032 The Court sanctioned the Scheme of Arrangement in the nature of amalgamation under sections 391 to 394 of the Companies Act, 1956, between Mekaster Valves & Engineering Services Private Limited and Mekaster Engineering & Equipments Private Limited. The Court approved the amalgamation, emphasizing synergic advantages, operational synchronization, resource utilization, cost reduction, and improved profits. Compliance with relevant provisions, objections raised by the Central Government, and the principle of Single Window Clearance were addressed, leading to the approval of the Scheme by shareholders. The Court granted the petition, sanctioning the Scheme with all its clauses and proposals, and awarded costs to the Assistant Solicitor General of India. Case-Laws Companies Law Tue, 06 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113032