https://www.taxtmi.com/caselaws?id=337556 The court granted sanction to the Scheme of Arrangement under relevant sections of the Companies Act, 1956, filed by two companies, referred to as the Demerged Company and the Resultant Company. Approval was based on compliance with statutory requirements, consent of members and creditors, and no objections from the Regional Director. The companies were directed to adhere to all provisions of the Scheme, with a warning of potential actions for deficiencies or violations. The order did not exempt them from legal obligations and required payment of costs to the Delhi High Court Bar Association. en-us Fri, 06 Jan 2017 00:00:00 +0530 Thu, 12 Jan 2017 09:00:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337556 The court granted sanction to the Scheme of Arrangement under relevant sections of the Companies Act, 1956, filed by two companies, referred to as the Demerged Company and the Resultant Company. Approval was based on compliance with statutory requirements, consent of members and creditors, and no objections from the Regional Director. The companies were directed to adhere to all provisions of the Scheme, with a warning of potential actions for deficiencies or violations. The order did not exempt them from legal obligations and required payment of costs to the Delhi High Court Bar Association. Case-Laws Companies Law Fri, 06 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337556