https://www.taxtmi.com/caselaws?id=328352 The Court sanctioned the Amended Scheme of Amalgamation under Sections 391 & 394 of the Companies Act, 1956. The assets and liabilities of the 5th Transferor Company were to vest in the Transferee Company, leading to the dissolution of the Transferor Company without winding up. The Transferee Company was directed to comply with Accounting Standard 14 as per the Scheme. The Scheme was declared binding on the companies, their Shareholders, Creditors, and all concerned parties. The formal sanction of the Scheme was ordered to be drawn up and filed with the Registrar of Companies within 30 days, with publication in specified newspapers and the official gazette of the Government of Haryana. en-us Tue, 05 Apr 2016 00:00:00 +0530 Thu, 02 Jun 2016 11:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328352 The Court sanctioned the Amended Scheme of Amalgamation under Sections 391 & 394 of the Companies Act, 1956. The assets and liabilities of the 5th Transferor Company were to vest in the Transferee Company, leading to the dissolution of the Transferor Company without winding up. The Transferee Company was directed to comply with Accounting Standard 14 as per the Scheme. The Scheme was declared binding on the companies, their Shareholders, Creditors, and all concerned parties. The formal sanction of the Scheme was ordered to be drawn up and filed with the Registrar of Companies within 30 days, with publication in specified newspapers and the official gazette of the Government of Haryana. Case-Laws Companies Law Tue, 05 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328352