https://www.taxtmi.com/caselaws?id=194234 The Delhi High Court allowed the joint application under sections 391 to 394 of the Companies Act, 1956 for the approval of a Composite Scheme of Arrangement involving the merger and demerger of companies. The scheme included merging the transferor company with the transferee company, demerging the industrial division and investment business, and retaining the high-end business center with the transferee company. The court granted dispensation from convening meetings of shareholders and unsecured creditors, as consent was obtained. The judgment was issued in Dasti, finalizing the approval of the scheme as per the application. en-us Tue, 08 Mar 2016 00:00:00 +0530 Sat, 02 Sep 2017 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194234 The Delhi High Court allowed the joint application under sections 391 to 394 of the Companies Act, 1956 for the approval of a Composite Scheme of Arrangement involving the merger and demerger of companies. The scheme included merging the transferor company with the transferee company, demerging the industrial division and investment business, and retaining the high-end business center with the transferee company. The court granted dispensation from convening meetings of shareholders and unsecured creditors, as consent was obtained. The judgment was issued in Dasti, finalizing the approval of the scheme as per the application. Case-Laws Companies Law Tue, 08 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194234