https://www.taxtmi.com/caselaws?id=221090 The court allowed the petition under section 392 of the Companies Act, 1956, seeking to modify the scheme of arrangement and amalgamation by confirming the reduction of share capital of IMFA through the cancellation of 3,49,466 equity shares. The court found the modification necessary for the proper working of the scheme, with no objections raised by shareholders or creditors. The petition was granted, and the scheme was modified accordingly, with directions for registration and publication as per the court's order. en-us Wed, 16 Mar 2011 00:00:00 +0530 Fri, 22 Feb 2013 08:12:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221090 The court allowed the petition under section 392 of the Companies Act, 1956, seeking to modify the scheme of arrangement and amalgamation by confirming the reduction of share capital of IMFA through the cancellation of 3,49,466 equity shares. The court found the modification necessary for the proper working of the scheme, with no objections raised by shareholders or creditors. The petition was granted, and the scheme was modified accordingly, with directions for registration and publication as per the court's order. Case-Laws Companies Law Wed, 16 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221090