https://www.taxtmi.com/caselaws?id=271574 The court granted the prayers in the Company Petitions for amalgamation under sections 391 to 394 of the Companies Act, 1956. It found the Scheme to be in the interest of shareholders, creditors, and the public, and consequently sanctioned the Scheme of Arrangement. The court directed the petitioner companies to take specific actions within a specified timeframe, quantified costs to be paid, and instructed concerned authorities to act promptly on the order. en-us Tue, 05 Jan 2016 00:00:00 +0530 Wed, 10 Feb 2016 08:11:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271574 The court granted the prayers in the Company Petitions for amalgamation under sections 391 to 394 of the Companies Act, 1956. It found the Scheme to be in the interest of shareholders, creditors, and the public, and consequently sanctioned the Scheme of Arrangement. The court directed the petitioner companies to take specific actions within a specified timeframe, quantified costs to be paid, and instructed concerned authorities to act promptly on the order. Case-Laws Companies Law Tue, 05 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271574