https://www.taxtmi.com/caselaws?id=329313 The court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving three companies. The amalgamation of two transferor companies with a transferee company, all belonging to the same group and engaging in similar activities, was approved. Written consents were obtained from all parties, no objections were raised, and compliance with regulatory guidelines was confirmed. The court found the scheme beneficial for shareholders, creditors, and the public, granting the prayers in the petitions and directing necessary filings and actions by the parties and relevant authorities. en-us Thu, 16 Jun 2016 00:00:00 +0530 Tue, 28 Jun 2016 18:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329313 The court sanctioned the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving three companies. The amalgamation of two transferor companies with a transferee company, all belonging to the same group and engaging in similar activities, was approved. Written consents were obtained from all parties, no objections were raised, and compliance with regulatory guidelines was confirmed. The court found the scheme beneficial for shareholders, creditors, and the public, granting the prayers in the petitions and directing necessary filings and actions by the parties and relevant authorities. Case-Laws Companies Law Thu, 16 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329313