https://www.taxtmi.com/caselaws?id=238595 The petition seeking sanction of a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, was granted. The court approved the amalgamation of the Transferor Company with the Transferee Company, subject to compliance with statutory requirements. The court found no valid objections against the scheme, with the Regional Director highlighting post-amalgamation employment continuity and procedures for changing the name of the Transferee Company. Sanction was granted, and the Transferor Company agreed to deposit a sum in the Common Pool Fund of the Official Liquidator. The petition was allowed, with further proceedings to follow. en-us Tue, 10 Jul 2012 00:00:00 +0530 Sat, 26 Oct 2013 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238595 The petition seeking sanction of a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, was granted. The court approved the amalgamation of the Transferor Company with the Transferee Company, subject to compliance with statutory requirements. The court found no valid objections against the scheme, with the Regional Director highlighting post-amalgamation employment continuity and procedures for changing the name of the Transferee Company. Sanction was granted, and the Transferor Company agreed to deposit a sum in the Common Pool Fund of the Official Liquidator. The petition was allowed, with further proceedings to follow. Case-Laws Companies Law Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238595