https://www.taxtmi.com/caselaws?id=193480 The Court sanctioned the Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, involving the merger of twelve Transferor companies with a Transferee company. The Court found that procedural requirements were met, objections were addressed, and compliance with legal provisions was ensured. The objections raised by the Regional Director and Official Liquidator did not impede the approval of the Scheme, as they were satisfactorily resolved through explanations and affidavits. Compliance with statutory requirements and clear communication were emphasized in the judgment. en-us Wed, 20 Feb 2013 00:00:00 +0530 Tue, 01 Aug 2017 10:28:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193480 The Court sanctioned the Scheme of Arrangement under Sections 391 and 394 of the Companies Act, 1956, involving the merger of twelve Transferor companies with a Transferee company. The Court found that procedural requirements were met, objections were addressed, and compliance with legal provisions was ensured. The objections raised by the Regional Director and Official Liquidator did not impede the approval of the Scheme, as they were satisfactorily resolved through explanations and affidavits. Compliance with statutory requirements and clear communication were emphasized in the judgment. Case-Laws Companies Law Wed, 20 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193480