https://www.taxtmi.com/caselaws?id=265326 The petition seeking sanction for the Scheme of Amalgamation under Sections 391 and 394 of the Companies Act, 1956 was granted by the Delhi High Court. With no objections received, approval from equity shareholders, and support from the Official Liquidator and Regional Director, the court sanctioned the scheme. The petitioner was directed to fulfill statutory obligations within 30 days and bear agreed costs. The order specified that stamp duty payment was not exempted, and upon approval, the transferor company would be dissolved without winding up, facilitating a lawful transition for both companies. en-us Fri, 28 Aug 2015 00:00:00 +0530 Sat, 10 Oct 2015 06:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265326 The petition seeking sanction for the Scheme of Amalgamation under Sections 391 and 394 of the Companies Act, 1956 was granted by the Delhi High Court. With no objections received, approval from equity shareholders, and support from the Official Liquidator and Regional Director, the court sanctioned the scheme. The petitioner was directed to fulfill statutory obligations within 30 days and bear agreed costs. The order specified that stamp duty payment was not exempted, and upon approval, the transferor company would be dissolved without winding up, facilitating a lawful transition for both companies. Case-Laws Companies Law Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265326