https://www.taxtmi.com/caselaws?id=259321 The High Court of Delhi granted sanction to the Scheme of Amalgamation under Sections 391 and 394 of the Companies Act, 1956. The court approved the proposed Scheme, which involved the merger of companies with a share exchange ratio of 10 equity shares of the transferee company for every 29 equity shares of the transferor company. With no objections received and the support of relevant authorities, the court directed compliance with statutory requirements and set the effective date of Amalgamation as 1st April, 2014. en-us Thu, 23 Apr 2015 00:00:00 +0530 Thu, 07 May 2015 07:47:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259321 The High Court of Delhi granted sanction to the Scheme of Amalgamation under Sections 391 and 394 of the Companies Act, 1956. The court approved the proposed Scheme, which involved the merger of companies with a share exchange ratio of 10 equity shares of the transferee company for every 29 equity shares of the transferor company. With no objections received and the support of relevant authorities, the court directed compliance with statutory requirements and set the effective date of Amalgamation as 1st April, 2014. Case-Laws Companies Law Thu, 23 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259321