https://www.taxtmi.com/caselaws?id=335481 The Court sanctioned the Scheme of Arrangement for the amalgamation of companies, dispensing with the requirement of holding meetings under Section 391(1) of the Companies Act, 1956. The Transferee Company assured compliance with Accounting Standard 14 and the Income Tax Act, agreeing to maintain proper books of accounts. The Court ordered the preservation of records, payment of professional charges, and issuance of authenticated orders, concluding the case with compliance and approval of the amalgamation process. en-us Fri, 25 Nov 2016 00:00:00 +0530 Thu, 01 Dec 2016 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335481 The Court sanctioned the Scheme of Arrangement for the amalgamation of companies, dispensing with the requirement of holding meetings under Section 391(1) of the Companies Act, 1956. The Transferee Company assured compliance with Accounting Standard 14 and the Income Tax Act, agreeing to maintain proper books of accounts. The Court ordered the preservation of records, payment of professional charges, and issuance of authenticated orders, concluding the case with compliance and approval of the amalgamation process. Case-Laws Companies Law Fri, 25 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335481