https://www.taxtmi.com/caselaws?id=326902 The High Court of Gujarat sanctioned the Scheme of Arrangement for amalgamation, allowing the petitioner's requests to dispense with meetings of shareholders and creditors. The petitioner addressed concerns raised by the Regional Director regarding compliance with Accounting Standard-14 and the Income Tax Act by filing undertakings to ensure adherence. The Court found the responses satisfactory, approving the Scheme subject to any orders from the High Court of Kolkata in related proceedings. The petitioner was directed to pay fees and lodge necessary documents with the Registrar for authentication, concluding the matter. en-us Thu, 21 Apr 2016 00:00:00 +0530 Thu, 28 Apr 2016 09:54:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326902 The High Court of Gujarat sanctioned the Scheme of Arrangement for amalgamation, allowing the petitioner's requests to dispense with meetings of shareholders and creditors. The petitioner addressed concerns raised by the Regional Director regarding compliance with Accounting Standard-14 and the Income Tax Act by filing undertakings to ensure adherence. The Court found the responses satisfactory, approving the Scheme subject to any orders from the High Court of Kolkata in related proceedings. The petitioner was directed to pay fees and lodge necessary documents with the Registrar for authentication, concluding the matter. Case-Laws Companies Law Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326902