https://www.taxtmi.com/caselaws?id=294422 The Court granted dispensation of meetings for Equity Shareholders and Creditors, admitted the petitions for sanction of the Scheme of Amalgamation, directed publication of notices, and considered reports from the Official Liquidator and Regional Director. Despite objections from the Regional Director, the Court found them unsustainable and sanctioned the Scheme as non-prejudicial. The Transferor Company was instructed to preserve records, and costs per petition were determined for payment to relevant parties. The petitions were disposed of, concluding the legal proceedings. en-us Fri, 07 Sep 2012 00:00:00 +0530 Tue, 13 Apr 2021 18:17:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294422 The Court granted dispensation of meetings for Equity Shareholders and Creditors, admitted the petitions for sanction of the Scheme of Amalgamation, directed publication of notices, and considered reports from the Official Liquidator and Regional Director. Despite objections from the Regional Director, the Court found them unsustainable and sanctioned the Scheme as non-prejudicial. The Transferor Company was instructed to preserve records, and costs per petition were determined for payment to relevant parties. The petitions were disposed of, concluding the legal proceedings. Case-Laws Companies Law Fri, 07 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294422