https://www.taxtmi.com/caselaws?id=411826 The court approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of Yezdi Decor Private Limited and De Gros International Limited into Krantz Hermitage Private Limited. The Board of Directors unanimously resolved for the merger, aiming to enhance business efficiency and growth. Shareholders provided written consent, eliminating the need for shareholder meetings. With no creditors in the Applicant Companies, assets were deemed sufficient. No pending proceedings existed against the companies, leading to the disposal of the Company Application and issuance of necessary directions for compliance with the Companies Act, 2013. en-us Mon, 16 Aug 2021 00:00:00 +0530 Sat, 04 Sep 2021 08:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411826 The court approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of Yezdi Decor Private Limited and De Gros International Limited into Krantz Hermitage Private Limited. The Board of Directors unanimously resolved for the merger, aiming to enhance business efficiency and growth. Shareholders provided written consent, eliminating the need for shareholder meetings. With no creditors in the Applicant Companies, assets were deemed sufficient. No pending proceedings existed against the companies, leading to the disposal of the Company Application and issuance of necessary directions for compliance with the Companies Act, 2013. Case-Laws Companies Law Mon, 16 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411826