https://www.taxtmi.com/caselaws?id=218064 The Court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956 between two companies. It found the Scheme compliant with statutory requirements, fair, and recommended dissolution of the Petitioner Company. The objections raised by an unsecured creditor were rejected as without merit, and expert opinions supported the scheme's legality. The Court made the Company Scheme Petition absolute, directing timely filing with authorities, imposing costs on the Petitioner, and ordering payment to the Regional Director and Official Liquidator. en-us Tue, 09 Oct 2012 00:00:00 +0530 Sat, 19 Jan 2013 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218064 The Court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956 between two companies. It found the Scheme compliant with statutory requirements, fair, and recommended dissolution of the Petitioner Company. The objections raised by an unsecured creditor were rejected as without merit, and expert opinions supported the scheme's legality. The Court made the Company Scheme Petition absolute, directing timely filing with authorities, imposing costs on the Petitioner, and ordering payment to the Regional Director and Official Liquidator. Case-Laws Companies Law Tue, 09 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218064