https://www.taxtmi.com/caselaws?id=280161 The Court allowed the application for sanction of a Scheme of Arrangement and Amalgamation between two companies and their shareholders and creditors. The Court dispensed with meetings for one petitioner as all parties consented in writing, while meetings were held and approvals obtained for the other petitioner. The objections raised by the Regional Director were addressed by the petitioners, leading to the resolution of all issues. The Court directed certain amendments to the scheme, compliance with Companies Act formalities, and the inclusion of specific documents in the order. The petitioner companies were ordered to bear the costs of the application. en-us Wed, 17 Apr 2013 00:00:00 +0530 Tue, 18 Apr 2023 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280161 The Court allowed the application for sanction of a Scheme of Arrangement and Amalgamation between two companies and their shareholders and creditors. The Court dispensed with meetings for one petitioner as all parties consented in writing, while meetings were held and approvals obtained for the other petitioner. The objections raised by the Regional Director were addressed by the petitioners, leading to the resolution of all issues. The Court directed certain amendments to the scheme, compliance with Companies Act formalities, and the inclusion of specific documents in the order. The petitioner companies were ordered to bear the costs of the application. Case-Laws Companies Law Wed, 17 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280161