https://www.taxtmi.com/caselaws?id=259450 The court granted sanction to the Amended Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, between three companies based in New Delhi for amalgamation, demerger, and share capital reduction. With approvals, no objections, and compliance assurances, the court directed compliance within 30 days, emphasizing no exemption from stamp duty. Effective from April 1, 2014, the transferor company would dissolve without winding up, and the demerged undertaking would merge with the resulting company. The petition was allowed. en-us Thu, 26 Mar 2015 00:00:00 +0530 Mon, 11 May 2015 07:51:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259450 The court granted sanction to the Amended Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, between three companies based in New Delhi for amalgamation, demerger, and share capital reduction. With approvals, no objections, and compliance assurances, the court directed compliance within 30 days, emphasizing no exemption from stamp duty. Effective from April 1, 2014, the transferor company would dissolve without winding up, and the demerged undertaking would merge with the resulting company. The petition was allowed. Case-Laws Companies Law Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259450