Amalgamation No order to be made by High Court for dissolution of transferor company unless official liquidator makes report to the effect that affairs of company have not been conducted in a manner prejudicial to interests of its members https://www.taxtmi.com/circulars?id=10845 A court must obtain the official liquidator report before dissolving a transferor company in an amalgamation; the second proviso to section 394(1) requires the High Court to secure a report on whether the company's affairs were conducted prejudicially to members. Regional Directors are instructed to notify courts of this procedural requirement in all amalgamation notices because some courts failed to seek the official liquidator's report. en-us Mon, 02 Jun 1975 00:00:00 +0530 Fri, 17 Jun 2011 13:28:00 +0530 TaxTMI RSS Generator Amalgamation No order to be made by High Court for dissolution of transferor company unless official liquidator makes report to the effect that affairs of company have not been conducted in a manner prejudicial to interests of its members https://www.taxtmi.com/circulars?id=10845 A court must obtain the official liquidator report before dissolving a transferor company in an amalgamation; the second proviso to section 394(1) requires the High Court to secure a report on whether the company's affairs were conducted prejudicially to members. Regional Directors are instructed to notify courts of this procedural requirement in all amalgamation notices because some courts failed to seek the official liquidator's report. Circulars Companies Law Mon, 02 Jun 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10845