https://www.taxtmi.com/caselaws?id=258055 The Court granted sanction to the Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, involving the De-merger of the Demerged Company with three Resulting Companies. No objections were raised, and approvals were obtained from shareholders and creditors. The Petitioner Companies addressed concerns raised by the Regional Director and undertook to comply with statutory requirements. The order emphasized compliance with legal obligations, required filing with the Registrar of Companies, and highlighted the importance of adherence to all legal requirements despite the scheme's sanction. en-us Tue, 19 Aug 2014 00:00:00 +0530 Mon, 30 Mar 2015 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258055 The Court granted sanction to the Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, involving the De-merger of the Demerged Company with three Resulting Companies. No objections were raised, and approvals were obtained from shareholders and creditors. The Petitioner Companies addressed concerns raised by the Regional Director and undertook to comply with statutory requirements. The order emphasized compliance with legal obligations, required filing with the Registrar of Companies, and highlighted the importance of adherence to all legal requirements despite the scheme's sanction. Case-Laws Companies Law Tue, 19 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258055