https://www.taxtmi.com/caselaws?id=337189 The Delhi High Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, filed jointly by the Transferor Company and the Transferee Company. The proposed amalgamation, approved by shareholders, creditors, Official Liquidator, and Regional Director, aimed at pooling resources and creating synergies. The Court ordered compliance with statutory requirements, dissolution of the Transferor Company without winding up, and payment of costs by the Petitioners. The Scheme was allowed, and the Petition was disposed of accordingly. en-us Mon, 19 Dec 2016 00:00:00 +0530 Wed, 04 Jan 2017 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337189 The Delhi High Court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, filed jointly by the Transferor Company and the Transferee Company. The proposed amalgamation, approved by shareholders, creditors, Official Liquidator, and Regional Director, aimed at pooling resources and creating synergies. The Court ordered compliance with statutory requirements, dissolution of the Transferor Company without winding up, and payment of costs by the Petitioners. The Scheme was allowed, and the Petition was disposed of accordingly. Case-Laws Companies Law Mon, 19 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337189