https://www.taxtmi.com/caselaws?id=271846 The High Court sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company under Sections 391 to 394 of the Companies Act, 1956. The Court confirmed compliance with SEBI circulars, stock exchange approvals, FEMA and RBI guidelines, and Income Tax Department regulations. Observations by the Regional Director were addressed, and no objections were raised by the Registrar of Companies. The Court found the Scheme beneficial to shareholders and public interest, granting the prayers in the Company Petition, sanctioning the Scheme, and disposing of the petition with specified costs and directives for compliance. en-us Thu, 11 Feb 2016 00:00:00 +0530 Fri, 19 Feb 2016 06:30:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271846 The High Court sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company under Sections 391 to 394 of the Companies Act, 1956. The Court confirmed compliance with SEBI circulars, stock exchange approvals, FEMA and RBI guidelines, and Income Tax Department regulations. Observations by the Regional Director were addressed, and no objections were raised by the Registrar of Companies. The Court found the Scheme beneficial to shareholders and public interest, granting the prayers in the Company Petition, sanctioning the Scheme, and disposing of the petition with specified costs and directives for compliance. Case-Laws Companies Law Thu, 11 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271846