https://www.taxtmi.com/caselaws?id=126999 The court approved and sanctioned the scheme of amalgamation in a second motion petition under sections 391-394 of the Companies Act, 1956. Despite objections raised by the Regional Director regarding an amendment in the Memorandum of Association, the court overruled the objection, citing legal precedent and emphasizing the streamlined process under section 391 of the Act. The court noted the absence of objections from shareholders and creditors, ultimately disposing of the petition without granting any exemption from stamp duty payment, if applicable. en-us Mon, 20 Dec 2010 00:00:00 +0530 Fri, 08 Feb 2013 13:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126999 The court approved and sanctioned the scheme of amalgamation in a second motion petition under sections 391-394 of the Companies Act, 1956. Despite objections raised by the Regional Director regarding an amendment in the Memorandum of Association, the court overruled the objection, citing legal precedent and emphasizing the streamlined process under section 391 of the Act. The court noted the absence of objections from shareholders and creditors, ultimately disposing of the petition without granting any exemption from stamp duty payment, if applicable. Case-Laws Companies Law Mon, 20 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126999