https://www.taxtmi.com/caselaws?id=333446 The court sanctioned the Scheme of Arrangement involving the Demerger and Transfer of Undertaking, along with the Restructure of Share Capital under sections 391 to 394 of the Companies Act, 1956. The court found the scheme to be in the interest of shareholders, creditors, and public interest. Approvals were obtained, observations addressed, and legal references provided. The court granted the prayers in the petitions, directed compliance actions, quantified costs, and instructed prompt implementation and distribution of the sanctioned scheme. en-us Fri, 07 Oct 2016 00:00:00 +0530 Fri, 14 Oct 2016 13:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333446 The court sanctioned the Scheme of Arrangement involving the Demerger and Transfer of Undertaking, along with the Restructure of Share Capital under sections 391 to 394 of the Companies Act, 1956. The court found the scheme to be in the interest of shareholders, creditors, and public interest. Approvals were obtained, observations addressed, and legal references provided. The court granted the prayers in the petitions, directed compliance actions, quantified costs, and instructed prompt implementation and distribution of the sanctioned scheme. Case-Laws Companies Law Fri, 07 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333446