https://www.taxtmi.com/caselaws?id=271297 The Court granted sanction for the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving multiple Transferor Companies merging with Echjay Industries Private Limited and their stakeholders. Meetings of Equity Shareholders were dispensed with based on separate applications. The Regional Director and Official Liquidator raised concerns about valuation, compliance, and tax issues, which were addressed by the petitioners. After reviewing all submissions, the Court approved the Scheme, directing preservation of records and other procedural requirements, concluding the matter. en-us Wed, 20 Jan 2016 00:00:00 +0530 Tue, 02 Feb 2016 10:09:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271297 The Court granted sanction for the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving multiple Transferor Companies merging with Echjay Industries Private Limited and their stakeholders. Meetings of Equity Shareholders were dispensed with based on separate applications. The Regional Director and Official Liquidator raised concerns about valuation, compliance, and tax issues, which were addressed by the petitioners. After reviewing all submissions, the Court approved the Scheme, directing preservation of records and other procedural requirements, concluding the matter. Case-Laws Companies Law Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271297