https://www.taxtmi.com/caselaws?id=257793 The Court granted sanction under Sections 391 and 394 of the Companies Act, 1956 for the Scheme of Amalgamation between the Transferor Company and the Transferee Company. The Court found no impediment to the scheme after considering approvals from shareholders and creditors, reports from the Regional Director and Official Liquidator, and absence of objections from relevant parties. The companies were directed to comply with statutory requirements, deposit funds with the Official Liquidator, and file a certified copy of the order with the Registrar of Companies within 30 days. The transfer of assets and liabilities would lead to the dissolution of the Transferor Company. en-us Thu, 04 Sep 2014 00:00:00 +0530 Mon, 23 Mar 2015 09:33:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257793 The Court granted sanction under Sections 391 and 394 of the Companies Act, 1956 for the Scheme of Amalgamation between the Transferor Company and the Transferee Company. The Court found no impediment to the scheme after considering approvals from shareholders and creditors, reports from the Regional Director and Official Liquidator, and absence of objections from relevant parties. The companies were directed to comply with statutory requirements, deposit funds with the Official Liquidator, and file a certified copy of the order with the Registrar of Companies within 30 days. The transfer of assets and liabilities would lead to the dissolution of the Transferor Company. Case-Laws Companies Law Thu, 04 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257793