https://www.taxtmi.com/caselaws?id=326805 The Court sanctioned the Scheme of Amalgamation between Transferor Company 1 and Transferor Company 2 with the Transferee Company under Sections 391 to 394 of the Companies Act, 1956, and Companies Act, 2013. The Court found the Scheme fair, reasonable, and in the interest of the companies, members, and creditors. Amendments suggested by the Regional Director and Official Liquidator were incorporated. The sanctioning of the Scheme did not absolve anyone of liability and was subject to proceedings in the High Court of Judicature at Bombay. The Petitioner Company was directed to comply with various requirements, and the petition was disposed of accordingly. en-us Thu, 21 Apr 2016 00:00:00 +0530 Tue, 26 Apr 2016 09:59:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326805 The Court sanctioned the Scheme of Amalgamation between Transferor Company 1 and Transferor Company 2 with the Transferee Company under Sections 391 to 394 of the Companies Act, 1956, and Companies Act, 2013. The Court found the Scheme fair, reasonable, and in the interest of the companies, members, and creditors. Amendments suggested by the Regional Director and Official Liquidator were incorporated. The sanctioning of the Scheme did not absolve anyone of liability and was subject to proceedings in the High Court of Judicature at Bombay. The Petitioner Company was directed to comply with various requirements, and the petition was disposed of accordingly. Case-Laws Companies Law Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326805