https://www.taxtmi.com/caselaws?id=335480 The Court sanctioned the Scheme of Amalgamation between the Transferee Company and the Transferor Company under Sections 391 and 394 of the Companies Act, 1956. All necessary approvals were obtained, compliance issues were addressed, and concerns regarding SEBI registration and Income Tax compliance were resolved. The Court found the proposed amalgamation to be beneficial, with directions issued for record preservation and filing of documents. The petitions were allowed, and the parties were directed to proceed with the implementation of the sanctioned Scheme. en-us Fri, 25 Nov 2016 00:00:00 +0530 Sat, 03 Dec 2016 06:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335480 The Court sanctioned the Scheme of Amalgamation between the Transferee Company and the Transferor Company under Sections 391 and 394 of the Companies Act, 1956. All necessary approvals were obtained, compliance issues were addressed, and concerns regarding SEBI registration and Income Tax compliance were resolved. The Court found the proposed amalgamation to be beneficial, with directions issued for record preservation and filing of documents. The petitions were allowed, and the parties were directed to proceed with the implementation of the sanctioned Scheme. Case-Laws Companies Law Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335480