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    <title>2011 (3) TMI 1480 - MADRAS HIGH COURT</title>
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    <description>The High Court of Madras sanctioned the scheme of amalgamation between the transferor and transferee companies, allowing for the dissolution of the transferor company without winding up. The court approved the scheme, considering stakeholder consent and compliance with legal provisions, despite objections raised by the Regional Director. Additionally, the court set the remuneration for the Additional Central Government Standing Counsel at Rs. 2,500 for each petition, to be borne by the petitioner-companies.</description>
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    <pubDate>Fri, 11 Mar 2011 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=126961</link>
      <description>The High Court of Madras sanctioned the scheme of amalgamation between the transferor and transferee companies, allowing for the dissolution of the transferor company without winding up. The court approved the scheme, considering stakeholder consent and compliance with legal provisions, despite objections raised by the Regional Director. Additionally, the court set the remuneration for the Additional Central Government Standing Counsel at Rs. 2,500 for each petition, to be borne by the petitioner-companies.</description>
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