https://www.taxtmi.com/caselaws?id=325109 The court approved the Scheme of Amalgamation between the Transferor Company and Transferee Company under Sections 391 and 394 of the Companies Act, 1956. Meetings of Equity Shareholders and Creditors were dispensed with, and the Scheme was found fair, reasonable, compliant with the law, and not against public policy. The Regional Director and Official Liquidator supported the Scheme, and no objections were raised post-publication. Compliance with statutory requirements, preservation of books of accounts, and payment of professional charges were directed, allowing the companies to proceed with the amalgamation process. en-us Wed, 24 Feb 2016 00:00:00 +0530 Fri, 11 Mar 2016 10:48:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325109 The court approved the Scheme of Amalgamation between the Transferor Company and Transferee Company under Sections 391 and 394 of the Companies Act, 1956. Meetings of Equity Shareholders and Creditors were dispensed with, and the Scheme was found fair, reasonable, compliant with the law, and not against public policy. The Regional Director and Official Liquidator supported the Scheme, and no objections were raised post-publication. Compliance with statutory requirements, preservation of books of accounts, and payment of professional charges were directed, allowing the companies to proceed with the amalgamation process. Case-Laws Companies Law Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325109