https://www.taxtmi.com/caselaws?id=270877 The Court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, leading to the dissolution of the Amalgamating Companies without winding up. The Scheme was declared binding on the companies, shareholders, and creditors, with compliance emphasized. The judgment directed the formal order's filing with the Registrar of Companies, publication in specified newspapers and the Official Gazette of Haryana, and granted liberty to interested parties to seek directions from the Court. The Amalgamated Company was made responsible for future demands from the Income Tax Department, concluding the legal proceedings. en-us Fri, 07 Aug 2015 00:00:00 +0530 Tue, 19 Jan 2016 06:38:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270877 The Court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, leading to the dissolution of the Amalgamating Companies without winding up. The Scheme was declared binding on the companies, shareholders, and creditors, with compliance emphasized. The judgment directed the formal order's filing with the Registrar of Companies, publication in specified newspapers and the Official Gazette of Haryana, and granted liberty to interested parties to seek directions from the Court. The Amalgamated Company was made responsible for future demands from the Income Tax Department, concluding the legal proceedings. Case-Laws Companies Law Fri, 07 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270877