https://www.taxtmi.com/caselaws?id=113124 The court approved the scheme of amalgamation under sections 391 to 394 of the Companies Act, 1956, between the transferor company and the transferee company, effective from April 1, 2009. The objections raised regarding the absence of an amalgamation clause in the memorandum of association of the transferee company and the increase in share capital were dismissed. The court found the scheme fair, just, and in compliance with statutory provisions, leading to the approval of the amalgamation and the dissolution of the transferor company without winding up. The learned Additional Central Government Standing Counsel was awarded a fee of Rs. 2,500 from the transferee company. en-us Thu, 05 Aug 2010 00:00:00 +0530 Mon, 29 Sep 2014 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113124 The court approved the scheme of amalgamation under sections 391 to 394 of the Companies Act, 1956, between the transferor company and the transferee company, effective from April 1, 2009. The objections raised regarding the absence of an amalgamation clause in the memorandum of association of the transferee company and the increase in share capital were dismissed. The court found the scheme fair, just, and in compliance with statutory provisions, leading to the approval of the amalgamation and the dissolution of the transferor company without winding up. The learned Additional Central Government Standing Counsel was awarded a fee of Rs. 2,500 from the transferee company. Case-Laws Companies Law Thu, 05 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113124