https://www.taxtmi.com/caselaws?id=330379 The court sanctioned a Scheme of Arrangement and Amalgamation between three companies, allowing for the restructure of Equity Share Capital and dispensation of meetings for shareholders and creditors. The court accepted the Scheme as beneficial to stakeholders and public interest, granting Reduction of Share Capital. Costs were imposed on the companies for compliance, and directions were given for filing and compliance with various authorities. The petitions were disposed of with instructions for all parties to act in accordance with the court's orders. en-us Fri, 15 Jul 2016 00:00:00 +0530 Sat, 23 Jul 2016 20:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330379 The court sanctioned a Scheme of Arrangement and Amalgamation between three companies, allowing for the restructure of Equity Share Capital and dispensation of meetings for shareholders and creditors. The court accepted the Scheme as beneficial to stakeholders and public interest, granting Reduction of Share Capital. Costs were imposed on the companies for compliance, and directions were given for filing and compliance with various authorities. The petitions were disposed of with instructions for all parties to act in accordance with the court's orders. Case-Laws Companies Law Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330379