https://www.taxtmi.com/caselaws?id=113943 The court sanctioned the scheme of amalgamation between Shree Balaji Cinevision (India) (P.) Ltd. and Balaji Electrical Insulators (P.) Ltd. Meetings of equity shareholders and unsecured creditors were dispensed with due to unanimous consent. Compliance with publication and notice requirements was confirmed, with no objections received. The official liquidator's report supported the amalgamation. The court emphasized the need for judicial scrutiny to ensure fairness and criticized the delay in initiating the statutory process, altering the appointed date to 1st April 2009. Costs were quantified for the Central Government and the official liquidator, to be paid by the company. en-us Mon, 14 Sep 2009 00:00:00 +0530 Sat, 01 Nov 2014 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113943 The court sanctioned the scheme of amalgamation between Shree Balaji Cinevision (India) (P.) Ltd. and Balaji Electrical Insulators (P.) Ltd. Meetings of equity shareholders and unsecured creditors were dispensed with due to unanimous consent. Compliance with publication and notice requirements was confirmed, with no objections received. The official liquidator's report supported the amalgamation. The court emphasized the need for judicial scrutiny to ensure fairness and criticized the delay in initiating the statutory process, altering the appointed date to 1st April 2009. Costs were quantified for the Central Government and the official liquidator, to be paid by the company. Case-Laws Companies Law Mon, 14 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113943