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    <title>2015 (5) TMI 693 - DELHI HIGH COURT</title>
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    <description>The court granted sanction to the Composite Scheme of Arrangement involving amalgamation and demerger among several companies, directing compliance with statutory requirements. The scheme aimed to enhance operational synergies and create a focused entity for the school segment. No objections were raised by stakeholders, and costs were imposed on the petitioner companies. The court ordered compliance with filing requirements and payment of stamp duty, with the scheme effective from 1st April 2014, leading to dissolution of the amalgamating companies and merger of the School Business Undertaking into the transferee company.</description>
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    <pubDate>Fri, 08 May 2015 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=259819</link>
      <description>The court granted sanction to the Composite Scheme of Arrangement involving amalgamation and demerger among several companies, directing compliance with statutory requirements. The scheme aimed to enhance operational synergies and create a focused entity for the school segment. No objections were raised by stakeholders, and costs were imposed on the petitioner companies. The court ordered compliance with filing requirements and payment of stamp duty, with the scheme effective from 1st April 2014, leading to dissolution of the amalgamating companies and merger of the School Business Undertaking into the transferee company.</description>
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