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    <title>2017 (2) TMI 41 - DELHI HIGH COURT</title>
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    <description>A scheme of amalgamation was sanctioned because the petitioner companies had obtained the requisite board and creditor approvals, the Official Liquidator reported no prejudice to members or the public, and the Regional Director&#039;s objections were cured by subsequent filings. With no surviving legal impediment, the scheme was approved, the transferor company stood dissolved without winding up, and the petitioner companies were required to comply with the scheme and statutory obligations, including payment of costs.</description>
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      <description>A scheme of amalgamation was sanctioned because the petitioner companies had obtained the requisite board and creditor approvals, the Official Liquidator reported no prejudice to members or the public, and the Regional Director&#039;s objections were cured by subsequent filings. With no surviving legal impediment, the scheme was approved, the transferor company stood dissolved without winding up, and the petitioner companies were required to comply with the scheme and statutory obligations, including payment of costs.</description>
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