https://www.taxtmi.com/caselaws?id=335609 The Gujarat High Court sanctioned the Scheme of Arrangement for the amalgamation of multiple companies, dispensing with the Equity Shareholders meeting after obtaining consent letters from all shareholders. The Transferee Company committed to complying with Accounting Standard 14 and the Income Tax Act. Observations by the Regional Director and Official Liquidator were addressed, and the petitioners were directed to preserve books, accounts, and records. The Scheme was sanctioned, professional charges were approved, and the filing and issuance of orders were dispensed with, with authorities instructed to act on authenticated copies of the order. en-us Tue, 29 Nov 2016 00:00:00 +0530 Tue, 06 Dec 2016 09:57:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335609 The Gujarat High Court sanctioned the Scheme of Arrangement for the amalgamation of multiple companies, dispensing with the Equity Shareholders meeting after obtaining consent letters from all shareholders. The Transferee Company committed to complying with Accounting Standard 14 and the Income Tax Act. Observations by the Regional Director and Official Liquidator were addressed, and the petitioners were directed to preserve books, accounts, and records. The Scheme was sanctioned, professional charges were approved, and the filing and issuance of orders were dispensed with, with authorities instructed to act on authenticated copies of the order. Case-Laws Companies Law Tue, 29 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335609