https://www.taxtmi.com/caselaws?id=213557 The court granted permission for exemption in the second motion petition under sections 391 to 394 of the Companies Act, 1956, allowing the petitioner to approach the court again if needed. It sanctioned the Scheme of Amalgamation, declaring its binding effect on the companies, shareholders, and creditors, while emphasizing compliance with statutory requirements and court orders. The order clarified that it does not exempt from stamp duty or tax obligations, ensuring legal clarity. en-us Mon, 28 Mar 2011 00:00:00 +0530 Sat, 19 May 2012 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213557 The court granted permission for exemption in the second motion petition under sections 391 to 394 of the Companies Act, 1956, allowing the petitioner to approach the court again if needed. It sanctioned the Scheme of Amalgamation, declaring its binding effect on the companies, shareholders, and creditors, while emphasizing compliance with statutory requirements and court orders. The order clarified that it does not exempt from stamp duty or tax obligations, ensuring legal clarity. Case-Laws Companies Law Mon, 28 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213557