https://www.taxtmi.com/caselaws?id=219901 The Court sanctioned the Scheme of Amalgamation under Sections 391(2) & 394 of the Companies Act, 1956, involving multiple Transferor Companies merging with a Transferee Company. The share exchange ratio for amalgamation was approved, and compliance with statutory requirements, objections raised by authorities, and approval by shareholders and creditors were addressed. The transfer of assets and dissolution of Transferor Companies without winding up were ordered. Parties were directed to comply with stamp duty and tax obligations, and a deposit in the Official Liquidator's fund was required for the Scheme's approval. en-us Mon, 10 Dec 2012 00:00:00 +0530 Wed, 26 Dec 2012 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219901 The Court sanctioned the Scheme of Amalgamation under Sections 391(2) & 394 of the Companies Act, 1956, involving multiple Transferor Companies merging with a Transferee Company. The share exchange ratio for amalgamation was approved, and compliance with statutory requirements, objections raised by authorities, and approval by shareholders and creditors were addressed. The transfer of assets and dissolution of Transferor Companies without winding up were ordered. Parties were directed to comply with stamp duty and tax obligations, and a deposit in the Official Liquidator's fund was required for the Scheme's approval. Case-Laws Companies Law Mon, 10 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219901