https://www.taxtmi.com/caselaws?id=331187 The court sanctioned the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956, filed by two companies within the same management group engaged in similar activities. Shareholders and creditors approved the scheme, with no objections raised post-publication. The Official Liquidator confirmed the Transferor Company's compliance, directing its dissolution without winding up. The court found the scheme beneficial to stakeholders and the public, ordering the payment of costs and compliance with statutory obligations. Filing and issuance procedures were streamlined for efficient implementation. en-us Fri, 12 Aug 2016 00:00:00 +0530 Tue, 16 Aug 2016 11:29:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331187 The court sanctioned the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956, filed by two companies within the same management group engaged in similar activities. Shareholders and creditors approved the scheme, with no objections raised post-publication. The Official Liquidator confirmed the Transferor Company's compliance, directing its dissolution without winding up. The court found the scheme beneficial to stakeholders and the public, ordering the payment of costs and compliance with statutory obligations. Filing and issuance procedures were streamlined for efficient implementation. Case-Laws Companies Law Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331187