https://www.taxtmi.com/caselaws?id=196501 The application under Sections 391-394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies, KVTEK Power Systems Pvt. Ltd. and ETM Technologies Pvt. Ltd., was allowed by the Delhi High Court. The application confirmed no pending proceedings under Sections 235 to 251 of the Act against the Applicants, and approval was obtained from the Board of Directors of both companies. Shareholders, Secured and Unsecured Creditors provided consents, leading to the dispensation of meetings. The Court granted the application and issued the order for the amalgamation. en-us Wed, 26 Mar 2014 00:00:00 +0530 Sun, 03 Dec 2017 10:01:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196501 The application under Sections 391-394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies, KVTEK Power Systems Pvt. Ltd. and ETM Technologies Pvt. Ltd., was allowed by the Delhi High Court. The application confirmed no pending proceedings under Sections 235 to 251 of the Act against the Applicants, and approval was obtained from the Board of Directors of both companies. Shareholders, Secured and Unsecured Creditors provided consents, leading to the dispensation of meetings. The Court granted the application and issued the order for the amalgamation. Case-Laws Companies Law Wed, 26 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196501