https://www.taxtmi.com/caselaws?id=126995 The Madras High Court approved the company petitions for amalgamation filed by M/s. Lifesize Communications India (P.) Ltd. and M/s. Logitech Engineering and Designs India (P.) Ltd. under sections 391 to 394 of the Companies Act, 1956. The court dismissed objections raised by the Regional Director, Ministry of Corporate Affairs, regarding the authorized share capital transfer. Emphasizing compliance with legal provisions and the benefit to equity shareholders, the court sanctioned the scheme of amalgamation, noting the absence of prejudicial conduct and the positive impact on stakeholders of both companies. en-us Wed, 15 Jun 2011 00:00:00 +0530 Fri, 08 Feb 2013 12:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126995 The Madras High Court approved the company petitions for amalgamation filed by M/s. Lifesize Communications India (P.) Ltd. and M/s. Logitech Engineering and Designs India (P.) Ltd. under sections 391 to 394 of the Companies Act, 1956. The court dismissed objections raised by the Regional Director, Ministry of Corporate Affairs, regarding the authorized share capital transfer. Emphasizing compliance with legal provisions and the benefit to equity shareholders, the court sanctioned the scheme of amalgamation, noting the absence of prejudicial conduct and the positive impact on stakeholders of both companies. Case-Laws Companies Law Wed, 15 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126995