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    <title>2015 (3) TMI 1399 - KARNATAKA HIGH COURT</title>
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    <description>The Court sanctioned the Scheme of Amalgamation involving a transferee company and three transferor companies. Shareholders and creditors had approved the scheme, and the Official Liquidator&#039;s report found no adverse findings. The transferee company committed to regulatory compliance, including registering as an NBFC. Despite minor regulatory observations, interested parties raised no objections. The Court approved the scheme, binding shareholders, members, and creditors, and ordered the dissolution of the transferor companies without winding up, with a filing requirement within thirty days.</description>
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    <pubDate>Thu, 26 Mar 2015 00:00:00 +0530</pubDate>
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      <title>2015 (3) TMI 1399 - KARNATAKA HIGH COURT</title>
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      <description>The Court sanctioned the Scheme of Amalgamation involving a transferee company and three transferor companies. Shareholders and creditors had approved the scheme, and the Official Liquidator&#039;s report found no adverse findings. The transferee company committed to regulatory compliance, including registering as an NBFC. Despite minor regulatory observations, interested parties raised no objections. The Court approved the scheme, binding shareholders, members, and creditors, and ordered the dissolution of the transferor companies without winding up, with a filing requirement within thirty days.</description>
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