https://www.taxtmi.com/caselaws?id=259407 The court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, between two companies. The court directed compliance with statutory requirements, emphasizing that the order did not exempt from stamp duty payment. The transferor company was to be dissolved post-amalgamation. The petitioner company agreed to deposit a sum in the Common Pool Fund of the Official Liquidator, and the petition was allowed based on the provided terms. Compliance with statutory requirements was highlighted, and the Karnataka High Court had previously sanctioned the Scheme for the transferee company. en-us Fri, 17 Apr 2015 00:00:00 +0530 Sat, 09 May 2015 11:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259407 The court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, between two companies. The court directed compliance with statutory requirements, emphasizing that the order did not exempt from stamp duty payment. The transferor company was to be dissolved post-amalgamation. The petitioner company agreed to deposit a sum in the Common Pool Fund of the Official Liquidator, and the petition was allowed based on the provided terms. Compliance with statutory requirements was highlighted, and the Karnataka High Court had previously sanctioned the Scheme for the transferee company. Case-Laws Companies Law Fri, 17 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259407