https://www.taxtmi.com/caselaws?id=271500 The High Court sanctioned the Scheme of Amalgamation between two companies, dispensing with meetings of Equity Shareholders and Unsecured Creditors as all parties provided consent. The Official Liquidator recommended dissolving the Transferor Company without winding up, with directions to preserve books and records. The Court approved the Scheme, finding it beneficial to shareholders, creditors, and the public interest. Costs were allocated to parties, and instructions were given for compliance and expedited actions without further orders. The Court dispensed with filing procedures, directing prompt implementation of the Scheme. en-us Thu, 07 Jan 2016 00:00:00 +0530 Mon, 08 Feb 2016 10:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271500 The High Court sanctioned the Scheme of Amalgamation between two companies, dispensing with meetings of Equity Shareholders and Unsecured Creditors as all parties provided consent. The Official Liquidator recommended dissolving the Transferor Company without winding up, with directions to preserve books and records. The Court approved the Scheme, finding it beneficial to shareholders, creditors, and the public interest. Costs were allocated to parties, and instructions were given for compliance and expedited actions without further orders. The Court dispensed with filing procedures, directing prompt implementation of the Scheme. Case-Laws Companies Law Thu, 07 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271500