https://www.taxtmi.com/caselaws?id=337827 The Court granted sanction to the proposed scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956. All necessary approvals and compliance were in place, and directions were given for filing a certified copy of the order with the Registrar of Companies. The Transferor Companies were to comply with all provisions of the scheme, and the Statutory Authority was entitled to proceed against the Transferee Company for any liabilities. The Transferor Companies were to be dissolved without being wound up. The petitioners were directed to deposit costs as requested by the Official Liquidator. en-us Mon, 16 Jan 2017 00:00:00 +0530 Thu, 19 Jan 2017 08:28:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337827 The Court granted sanction to the proposed scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956. All necessary approvals and compliance were in place, and directions were given for filing a certified copy of the order with the Registrar of Companies. The Transferor Companies were to comply with all provisions of the scheme, and the Statutory Authority was entitled to proceed against the Transferee Company for any liabilities. The Transferor Companies were to be dissolved without being wound up. The petitioners were directed to deposit costs as requested by the Official Liquidator. Case-Laws Companies Law Mon, 16 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337827