https://www.taxtmi.com/caselaws?id=174739 The court granted the prayers in the petition for the Scheme of Arrangement in the form of Amalgamation under Sections 391 and 394 of the Companies Act, 1956. Compliance with meeting requirements was found satisfactory, and concerns raised by the Regional Director were clarified by the petitioner. The Official Liquidator's report confirmed no prejudicial conduct by the transferor company. The court approved the scheme, determining it beneficial for the companies and their members. Costs were awarded to the Central Government Standing Counsel and the transferor company as specified. en-us Fri, 18 Mar 2011 00:00:00 +0530 Sat, 17 Oct 2015 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174739 The court granted the prayers in the petition for the Scheme of Arrangement in the form of Amalgamation under Sections 391 and 394 of the Companies Act, 1956. Compliance with meeting requirements was found satisfactory, and concerns raised by the Regional Director were clarified by the petitioner. The Official Liquidator's report confirmed no prejudicial conduct by the transferor company. The court approved the scheme, determining it beneficial for the companies and their members. Costs were awarded to the Central Government Standing Counsel and the transferor company as specified. Case-Laws Companies Law Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174739