https://www.taxtmi.com/caselaws?id=329619 The Court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of The Companies Act, 1956. The Court dispensed with the meetings of equity shareholders, secured creditors, and unsecured creditors. The petitioner companies were directed to preserve records, ensure statutory compliance, and lodge necessary documents with authorities. Costs of the petitions were to be paid by the transferor company to the Central Government and Official Liquidator. The Court instructed filing a copy of the order with the Registrar of Companies electronically and physically, dispensing with the filing and issuance of the drawn-up order. en-us Fri, 01 Jul 2016 00:00:00 +0530 Wed, 06 Jul 2016 13:53:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329619 The Court granted sanction to the Scheme of Amalgamation under Sections 391 to 394 of The Companies Act, 1956. The Court dispensed with the meetings of equity shareholders, secured creditors, and unsecured creditors. The petitioner companies were directed to preserve records, ensure statutory compliance, and lodge necessary documents with authorities. Costs of the petitions were to be paid by the transferor company to the Central Government and Official Liquidator. The Court instructed filing a copy of the order with the Registrar of Companies electronically and physically, dispensing with the filing and issuance of the drawn-up order. Case-Laws Companies Law Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329619