https://www.taxtmi.com/caselaws?id=338380 A scheme of amalgamation was sanctioned where the statutory requirements for compromise and amalgamation were met, the equity shareholders and unsecured creditors had approved the scheme, there were no secured creditors, and the Official Liquidator and Regional Director raised no objection. The Court found no opposition from any other interested person and no legal impediment to approval. On the scheme becoming effective from the appointed date, the transferor company would stand dissolved without undergoing winding up. en-us Tue, 31 Jan 2017 00:00:00 +0530 Fri, 03 Feb 2017 09:03:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338380 A scheme of amalgamation was sanctioned where the statutory requirements for compromise and amalgamation were met, the equity shareholders and unsecured creditors had approved the scheme, there were no secured creditors, and the Official Liquidator and Regional Director raised no objection. The Court found no opposition from any other interested person and no legal impediment to approval. On the scheme becoming effective from the appointed date, the transferor company would stand dissolved without undergoing winding up. Case-Laws Companies Law Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338380