https://www.taxtmi.com/caselaws?id=237996 The petition filed under Sections 391 to 394 of the Companies Act sought court sanction for a Scheme of Arrangement between the Petitioner-Transferee company and the Demerged company. The High Court of Andhra Pradesh approved the Scheme, allowing the transfer of assets, liabilities, and duties as per the Scheme. The court granted sanction under Sections 391 and 394 of the Act, with exemptions from stamp duty, taxes, and charges, and a voluntary deposit in the Common Pool Fund. The petition was allowed with specific terms, ensuring compliance with the court's directives. en-us Fri, 12 Jul 2013 00:00:00 +0530 Mon, 14 Oct 2013 06:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237996 The petition filed under Sections 391 to 394 of the Companies Act sought court sanction for a Scheme of Arrangement between the Petitioner-Transferee company and the Demerged company. The High Court of Andhra Pradesh approved the Scheme, allowing the transfer of assets, liabilities, and duties as per the Scheme. The court granted sanction under Sections 391 and 394 of the Act, with exemptions from stamp duty, taxes, and charges, and a voluntary deposit in the Common Pool Fund. The petition was allowed with specific terms, ensuring compliance with the court's directives. Case-Laws Companies Law Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237996