https://www.taxtmi.com/caselaws?id=257131 The court granted sanction to the revised scheme of arrangement under relevant sections of the Companies Act, 1956 for the de-merger of two companies into two resultant companies. The concerns raised by the Regional Director were addressed, compliance with statutory requirements was ensured, and the transfer of assets, liabilities, and employees was facilitated as per the de-merger plan. Approval from shareholders and creditors was obtained, and the petition was allowed with specified compliance requirements outlined for the petitioner companies. en-us Tue, 30 Sep 2014 00:00:00 +0530 Tue, 03 Mar 2015 07:52:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257131 The court granted sanction to the revised scheme of arrangement under relevant sections of the Companies Act, 1956 for the de-merger of two companies into two resultant companies. The concerns raised by the Regional Director were addressed, compliance with statutory requirements was ensured, and the transfer of assets, liabilities, and employees was facilitated as per the de-merger plan. Approval from shareholders and creditors was obtained, and the petition was allowed with specified compliance requirements outlined for the petitioner companies. Case-Laws Companies Law Tue, 30 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257131