https://www.taxtmi.com/caselaws?id=337785 The court approved the scheme of amalgamation involving three companies under Sections 391 to 394 of the Companies Act, 1956. The compliance with prescribed procedures, including consent of secured and unsecured creditors, equity shareholders, and regulatory bodies, was found satisfactory. Financial details and reports from relevant authorities supported the fairness and compliance of the scheme, leading to its approval by the court as non-prejudicial and in accordance with statutory provisions. en-us Tue, 03 Jan 2017 00:00:00 +0530 Wed, 18 Jan 2017 08:38:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337785 The court approved the scheme of amalgamation involving three companies under Sections 391 to 394 of the Companies Act, 1956. The compliance with prescribed procedures, including consent of secured and unsecured creditors, equity shareholders, and regulatory bodies, was found satisfactory. Financial details and reports from relevant authorities supported the fairness and compliance of the scheme, leading to its approval by the court as non-prejudicial and in accordance with statutory provisions. Case-Laws Companies Law Tue, 03 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337785