https://www.taxtmi.com/caselaws?id=175740 The court sanctioned the scheme of demerger under sections 391 to 394 of the Companies Act, 1956. The majority of equity shareholders provided their consent, and all necessary statutory compliances were met without objections. Company Petitions 68, 69, and 70 were granted except for a specific portion in one clause. The petitioner was ordered to pay costs to the Regional Director and Official Liquidator, and the issuance of the order was dispensed with, directing relevant authorities to act upon an authenticated copy of the order. en-us Fri, 16 Mar 2007 00:00:00 +0530 Fri, 04 Dec 2015 11:51:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175740 The court sanctioned the scheme of demerger under sections 391 to 394 of the Companies Act, 1956. The majority of equity shareholders provided their consent, and all necessary statutory compliances were met without objections. Company Petitions 68, 69, and 70 were granted except for a specific portion in one clause. The petitioner was ordered to pay costs to the Regional Director and Official Liquidator, and the issuance of the order was dispensed with, directing relevant authorities to act upon an authenticated copy of the order. Case-Laws Companies Law Fri, 16 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175740