https://www.taxtmi.com/caselaws?id=325889 The court sanctioned the scheme of arrangement between companies, allowing for the dissolution of the demerging company without winding up. The Official Liquidator and Regional Director's objections were dismissed, emphasizing compliance with Companies Act procedures. Shareholders' approval and consent were confirmed, with legal precedents supporting the judgment. All company petitions were approved based on proper procedural adherence and absence of sustained objections, leading to the approval of the scheme of arrangement. en-us Mon, 08 Feb 2016 00:00:00 +0530 Fri, 01 Apr 2016 10:52:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325889 The court sanctioned the scheme of arrangement between companies, allowing for the dissolution of the demerging company without winding up. The Official Liquidator and Regional Director's objections were dismissed, emphasizing compliance with Companies Act procedures. Shareholders' approval and consent were confirmed, with legal precedents supporting the judgment. All company petitions were approved based on proper procedural adherence and absence of sustained objections, leading to the approval of the scheme of arrangement. Case-Laws Companies Law Mon, 08 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325889