https://www.taxtmi.com/caselaws?id=327614 The court sanctioned the Scheme of Amalgamation between three companies under Sections 391 to 394 of the Companies Act, 1956. Dispensation of meetings for shareholders and creditors was granted. The court found observations by the Regional Director beyond scope and not prejudicial. Compliance with Accounting Standards was addressed, and preservation of books of accounts was directed. Costs were determined, and procedural compliance post-sanction was ordered. The Scheme of Amalgamation was approved with specified conditions, and the petitions were disposed of accordingly. en-us Tue, 03 May 2016 00:00:00 +0530 Sat, 14 May 2016 00:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327614 The court sanctioned the Scheme of Amalgamation between three companies under Sections 391 to 394 of the Companies Act, 1956. Dispensation of meetings for shareholders and creditors was granted. The court found observations by the Regional Director beyond scope and not prejudicial. Compliance with Accounting Standards was addressed, and preservation of books of accounts was directed. Costs were determined, and procedural compliance post-sanction was ordered. The Scheme of Amalgamation was approved with specified conditions, and the petitions were disposed of accordingly. Case-Laws Companies Law Tue, 03 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327614