https://www.taxtmi.com/caselaws?id=175738 The Court approved the Scheme of Arrangement under sections 391 to 394 of the Companies Act 1956, involving multiple companies and shareholders. The Court found the Scheme fair, reasonable, compliant with the law, and not against public policy. All statutory compliances were met, and no opposition was raised by concerned parties. The Company Petition was granted, subject to approval by the Delhi High Court for the Transferee's petition. The Petitioner was directed to pay costs to the Regional Director, and the filing of the drawn-up order was dispensed with. en-us Thu, 17 Dec 2009 00:00:00 +0530 Fri, 04 Dec 2015 11:44:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175738 The Court approved the Scheme of Arrangement under sections 391 to 394 of the Companies Act 1956, involving multiple companies and shareholders. The Court found the Scheme fair, reasonable, compliant with the law, and not against public policy. All statutory compliances were met, and no opposition was raised by concerned parties. The Company Petition was granted, subject to approval by the Delhi High Court for the Transferee's petition. The Petitioner was directed to pay costs to the Regional Director, and the filing of the drawn-up order was dispensed with. Case-Laws Companies Law Thu, 17 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175738