https://www.taxtmi.com/caselaws?id=328350 The court sanctioned the Scheme of Arrangement under Sections 391 & 394 read with Sections 100 to 104 of the Companies Act, 1956, allowing the merger of Scope e-Knowledge Center Private Limited into Quatrro Global Services Private Limited. The objections raised by the Regional Director regarding compliance with Accounting Standard-14 and capital reduction of the Transferee Company were addressed satisfactorily. The court approved the scheme after confirming compliance with procedural requirements and statutory provisions, directing the dissolution of the Transferor Company without winding up and binding the scheme on both companies, their shareholders, and creditors. en-us Tue, 03 May 2016 00:00:00 +0530 Thu, 02 Jun 2016 11:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328350 The court sanctioned the Scheme of Arrangement under Sections 391 & 394 read with Sections 100 to 104 of the Companies Act, 1956, allowing the merger of Scope e-Knowledge Center Private Limited into Quatrro Global Services Private Limited. The objections raised by the Regional Director regarding compliance with Accounting Standard-14 and capital reduction of the Transferee Company were addressed satisfactorily. The court approved the scheme after confirming compliance with procedural requirements and statutory provisions, directing the dissolution of the Transferor Company without winding up and binding the scheme on both companies, their shareholders, and creditors. Case-Laws Companies Law Tue, 03 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328350