https://www.taxtmi.com/caselaws?id=325419 The Court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, dispensing with meetings of Equity Shareholders and Unsecured Creditors. Compliance with the Income Tax Act and Rules was agreed upon, and preservation of records was mandated. Costs were determined, and compliance with stamp duty adjudication was ordered within 60 days. The petition was disposed of, and the Transferor Company was directed to preserve records and obtain permission for disposal, concluding the legal proceedings. en-us Mon, 15 Feb 2016 00:00:00 +0530 Sat, 19 Mar 2016 08:48:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325419 The Court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, dispensing with meetings of Equity Shareholders and Unsecured Creditors. Compliance with the Income Tax Act and Rules was agreed upon, and preservation of records was mandated. Costs were determined, and compliance with stamp duty adjudication was ordered within 60 days. The petition was disposed of, and the Transferor Company was directed to preserve records and obtain permission for disposal, concluding the legal proceedings. Case-Laws Companies Law Mon, 15 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325419