https://www.taxtmi.com/caselaws?id=271472 The Court granted dispensation of meetings for various stakeholders and admitted petitions seeking sanction for a Composite Scheme of Arrangement involving Demerger and Merger under Sections 391 to 394 of the Companies Act, 1956. Notices were issued to relevant authorities, responses were provided to observations raised, and reports by the Official Liquidator confirmed no prejudicial affairs. After considering submissions and reports, the Court sanctioned the scheme, emphasizing record preservation and imposing costs. Compliance and lodgment requirements were specified, and orders were issued for further action, leading to the disposal of the petitions and conclusion of the legal process. en-us Tue, 12 Jan 2016 00:00:00 +0530 Sat, 06 Feb 2016 15:01:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271472 The Court granted dispensation of meetings for various stakeholders and admitted petitions seeking sanction for a Composite Scheme of Arrangement involving Demerger and Merger under Sections 391 to 394 of the Companies Act, 1956. Notices were issued to relevant authorities, responses were provided to observations raised, and reports by the Official Liquidator confirmed no prejudicial affairs. After considering submissions and reports, the Court sanctioned the scheme, emphasizing record preservation and imposing costs. Compliance and lodgment requirements were specified, and orders were issued for further action, leading to the disposal of the petitions and conclusion of the legal process. Case-Laws Companies Law Tue, 12 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271472