https://www.taxtmi.com/caselaws?id=220283 The Court ordered the amalgamation of two companies under Sections 391 and 394 of the Companies Act, 1956. Shareholders and unsecured creditors unanimously approved the scheme of amalgamation. The Court granted delay condonation for filing the second motion petition. The Official Liquidator and Ministry of Corporate Affairs supported the scheme. The Court sanctioned the amalgamation subject to conditions, including compliance with RBI requirements. Companies were directed to file the order copy with the Registrar of Companies within 30 days, adhering to conditions set by the Regional Director, Ministry of Corporate Affairs. en-us Fri, 04 Jan 2013 00:00:00 +0530 Fri, 18 Jan 2013 09:13:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220283 The Court ordered the amalgamation of two companies under Sections 391 and 394 of the Companies Act, 1956. Shareholders and unsecured creditors unanimously approved the scheme of amalgamation. The Court granted delay condonation for filing the second motion petition. The Official Liquidator and Ministry of Corporate Affairs supported the scheme. The Court sanctioned the amalgamation subject to conditions, including compliance with RBI requirements. Companies were directed to file the order copy with the Registrar of Companies within 30 days, adhering to conditions set by the Regional Director, Ministry of Corporate Affairs. Case-Laws Companies Law Fri, 04 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220283