https://www.taxtmi.com/caselaws?id=113476 The High Court of Gujarat sanctioned a proposed scheme of arrangement for the amalgamation of two companies under the Companies Act, 1956. The Court approved the scheme after rectifying an error in the exchange ratio, with the support of shareholders, creditors, and relevant authorities. Despite public notices, no objections were raised, and the Central Government and Official Liquidator endorsed the scheme. The Court finalized the approval with specified modifications, ensuring legal compliance and stakeholder interests, while also outlining costs to be paid by responsible parties. en-us Thu, 17 Jun 2010 00:00:00 +0530 Sun, 05 Oct 2014 16:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113476 The High Court of Gujarat sanctioned a proposed scheme of arrangement for the amalgamation of two companies under the Companies Act, 1956. The Court approved the scheme after rectifying an error in the exchange ratio, with the support of shareholders, creditors, and relevant authorities. Despite public notices, no objections were raised, and the Central Government and Official Liquidator endorsed the scheme. The Court finalized the approval with specified modifications, ensuring legal compliance and stakeholder interests, while also outlining costs to be paid by responsible parties. Case-Laws Companies Law Thu, 17 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113476