https://www.taxtmi.com/caselaws?id=189937 The Delhi High Court allowed the application under Sections 391 to 394 of the Companies Act, 1956 for a scheme of amalgamation, involving Transferor Company No.1, Transferor Company No.2, and Transferee Company. The Court approved the scheme, which aimed at simplifying management, achieving cost savings, enhancing organizational capability, and maximizing shareholder value. The Board resolutions were unanimous, stakeholder consents were obtained, and dispensation of meetings was granted. The Court disposed of the matter in accordance with the terms presented, endorsing the proposed scheme of amalgamation. en-us Fri, 24 Jan 2014 00:00:00 +0530 Fri, 27 Jan 2017 08:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189937 The Delhi High Court allowed the application under Sections 391 to 394 of the Companies Act, 1956 for a scheme of amalgamation, involving Transferor Company No.1, Transferor Company No.2, and Transferee Company. The Court approved the scheme, which aimed at simplifying management, achieving cost savings, enhancing organizational capability, and maximizing shareholder value. The Board resolutions were unanimous, stakeholder consents were obtained, and dispensation of meetings was granted. The Court disposed of the matter in accordance with the terms presented, endorsing the proposed scheme of amalgamation. Case-Laws Companies Law Fri, 24 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189937