https://www.taxtmi.com/caselaws?id=114054 The court sanctioned the Scheme of Arrangement for the demerger of the CFS Division from one company into another, following compliance with required procedures and submissions. After addressing observations raised by the Regional Director, including financial statements and asset transfer details, the court found all requirements satisfied. Costs were quantified and directed to be paid by the Transferee Company to the Assistant Solicitor General, with liberty granted for direct payment. en-us Wed, 06 May 2009 00:00:00 +0530 Sun, 09 Nov 2014 22:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114054 The court sanctioned the Scheme of Arrangement for the demerger of the CFS Division from one company into another, following compliance with required procedures and submissions. After addressing observations raised by the Regional Director, including financial statements and asset transfer details, the court found all requirements satisfied. Costs were quantified and directed to be paid by the Transferee Company to the Assistant Solicitor General, with liberty granted for direct payment. Case-Laws Companies Law Wed, 06 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114054