https://www.taxtmi.com/caselaws?id=329193 The court granted the petition for the sanction of a Scheme of Arrangement for the demerger and transfer of Investment Business from the Demerged Company to the Resulting Company under Sections 391 to 394 of the Companies Act, 1956. The court found the scheme not prejudicial to the interests of stakeholders and sanctioned it, directing the filing of the order with the Registrar of Companies and quantifying costs to be paid to the Central Government Standing Counsel. The petitioner company was instructed to file a copy of the order and scheme with the Registrar of Companies electronically and physically. en-us Thu, 16 Jun 2016 00:00:00 +0530 Fri, 24 Jun 2016 15:10:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329193 The court granted the petition for the sanction of a Scheme of Arrangement for the demerger and transfer of Investment Business from the Demerged Company to the Resulting Company under Sections 391 to 394 of the Companies Act, 1956. The court found the scheme not prejudicial to the interests of stakeholders and sanctioned it, directing the filing of the order with the Registrar of Companies and quantifying costs to be paid to the Central Government Standing Counsel. The petitioner company was instructed to file a copy of the order and scheme with the Registrar of Companies electronically and physically. Case-Laws Companies Law Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329193