https://www.taxtmi.com/caselaws?id=250543 The Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, between two companies based in New Delhi. The Official Liquidator and the Regional Director, Ministry of Corporate Affairs, supported the Scheme, with no objections raised. Approval was obtained from Shareholders and Creditors, leading to the transfer of property, rights, and liabilities to the Transferee Company. The Transferor Company was dissolved without winding up, subject to statutory compliances and payment of stamp duty and charges as required by law. en-us Wed, 23 Jul 2014 00:00:00 +0530 Mon, 18 Aug 2014 08:49:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250543 The Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, between two companies based in New Delhi. The Official Liquidator and the Regional Director, Ministry of Corporate Affairs, supported the Scheme, with no objections raised. Approval was obtained from Shareholders and Creditors, leading to the transfer of property, rights, and liabilities to the Transferee Company. The Transferor Company was dissolved without winding up, subject to statutory compliances and payment of stamp duty and charges as required by law. Case-Laws Companies Law Wed, 23 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250543