https://www.taxtmi.com/caselaws?id=249775 The Delhi High Court granted sanction to a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving the merger of four Transferor Companies with a Transferee Company. The Court addressed compliance issues raised by the Regional Director and Official Liquidator, which were subsequently rectified by the petitioners. With approvals from shareholders and creditors, and no objections from relevant authorities, the Court approved the Scheme, mandating compliance with statutory requirements and transfer of assets and liabilities. The order emphasized adherence to legal obligations and required a deposit in the Official Liquidator's fund. en-us Tue, 15 Jul 2014 00:00:00 +0530 Wed, 23 Jul 2014 10:36:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249775 The Delhi High Court granted sanction to a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving the merger of four Transferor Companies with a Transferee Company. The Court addressed compliance issues raised by the Regional Director and Official Liquidator, which were subsequently rectified by the petitioners. With approvals from shareholders and creditors, and no objections from relevant authorities, the Court approved the Scheme, mandating compliance with statutory requirements and transfer of assets and liabilities. The order emphasized adherence to legal obligations and required a deposit in the Official Liquidator's fund. Case-Laws Companies Law Tue, 15 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249775