https://www.taxtmi.com/caselaws?id=217522 The Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956. The order mandated compliance with statutory requirements, including filing with the Registrar of Companies within 30 days. Transfer of undertakings, property, rights, and liabilities to the Transferee Company was approved. No exemption from stamp duty or taxes was granted. The Petitioners agreed to deposit a sum in the Official Liquidator's fund voluntarily. The petition was allowed as per the terms mentioned, with no objections from any party and approval from shareholders and creditors. en-us Mon, 01 Oct 2012 00:00:00 +0530 Mon, 08 Oct 2012 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217522 The Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956. The order mandated compliance with statutory requirements, including filing with the Registrar of Companies within 30 days. Transfer of undertakings, property, rights, and liabilities to the Transferee Company was approved. No exemption from stamp duty or taxes was granted. The Petitioners agreed to deposit a sum in the Official Liquidator's fund voluntarily. The petition was allowed as per the terms mentioned, with no objections from any party and approval from shareholders and creditors. Case-Laws Companies Law Mon, 01 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217522