https://www.taxtmi.com/caselaws?id=338189 The Court sanctioned the scheme of arrangement under Sections 391 and 394 of the Companies Act, allowing for the amalgamation of Transferor Companies with the Transferee/Demerged Company and the demerger of the Demerged Undertaking to the Resulting Company. The Court directed compliance with statutory requirements and ordered a deposit of Rs. 50,000 with the Delhi High Court Bar Association Lawyers Social Security and Welfare Fund. The petition was granted, and the matter was disposed of accordingly. en-us Wed, 25 Jan 2017 00:00:00 +0530 Sat, 28 Jan 2017 07:16:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338189 The Court sanctioned the scheme of arrangement under Sections 391 and 394 of the Companies Act, allowing for the amalgamation of Transferor Companies with the Transferee/Demerged Company and the demerger of the Demerged Undertaking to the Resulting Company. The Court directed compliance with statutory requirements and ordered a deposit of Rs. 50,000 with the Delhi High Court Bar Association Lawyers Social Security and Welfare Fund. The petition was granted, and the matter was disposed of accordingly. Case-Laws Companies Law Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338189