https://www.taxtmi.com/caselaws?id=270713 A scheme of amalgamation was sanctioned despite objections to the valuation report and board approval, because the addendum issue was treated as a clerical or typographical error and the alleged omission was said to have been rectified by a subsequent board meeting. The materials showed compliance with procedural requirements, and the reports of the Regional Director and Official Liquidator disclosed no surviving objection that would justify refusal. The petitioners also confirmed that no investigation, proceeding, or winding-up petition was pending, and the transferor company was ordered to dissolve without winding up, with the scheme binding the companies and stakeholders. en-us Tue, 17 Nov 2015 00:00:00 +0530 Thu, 14 Jan 2016 11:36:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270713 A scheme of amalgamation was sanctioned despite objections to the valuation report and board approval, because the addendum issue was treated as a clerical or typographical error and the alleged omission was said to have been rectified by a subsequent board meeting. The materials showed compliance with procedural requirements, and the reports of the Regional Director and Official Liquidator disclosed no surviving objection that would justify refusal. The petitioners also confirmed that no investigation, proceeding, or winding-up petition was pending, and the transferor company was ordered to dissolve without winding up, with the scheme binding the companies and stakeholders. Case-Laws Companies Law Tue, 17 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270713