https://www.taxtmi.com/caselaws?id=271612 The Court allowed the appeal, sanctioning the composite scheme of arrangement involving demerger and mergers under Sections 391 to 394 of the Companies Act, 1956. The Court held that a composite scheme including both merger and demerger is maintainable, emphasizing that stakeholders approved the scheme as a whole. The objections raised by the Company Judge regarding understanding and implementation were dismissed. The Court directed the appellants to file the order and scheme, publish the sanction, and comply with relevant provisions of the Companies Act, 1956. en-us Thu, 10 Dec 2015 00:00:00 +0530 Thu, 11 Feb 2016 01:10:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271612 The Court allowed the appeal, sanctioning the composite scheme of arrangement involving demerger and mergers under Sections 391 to 394 of the Companies Act, 1956. The Court held that a composite scheme including both merger and demerger is maintainable, emphasizing that stakeholders approved the scheme as a whole. The objections raised by the Company Judge regarding understanding and implementation were dismissed. The Court directed the appellants to file the order and scheme, publish the sanction, and comply with relevant provisions of the Companies Act, 1956. Case-Laws Companies Law Thu, 10 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271612