https://www.taxtmi.com/caselaws?id=299304 The Court granted sanction for a Scheme of Arrangement under Sections 391 to 394 of the Companies Act, 1956 between a Demerged Company and a Resulting Company. The Scheme was deemed fair, reasonable, compliant with the law, and not opposed by any concerned parties. All statutory requirements were met, leading to the Court making the Company Scheme Petitions absolute. The petitioners were directed to lodge the order and Scheme for stamp duty adjudication within 60 days and to pay costs to the Regional Director within 6 weeks. The filing and issuance of the order were dispensed with, with relevant authorities instructed to act accordingly. en-us Fri, 25 Jun 2010 00:00:00 +0530 Thu, 09 Dec 2021 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299304 The Court granted sanction for a Scheme of Arrangement under Sections 391 to 394 of the Companies Act, 1956 between a Demerged Company and a Resulting Company. The Scheme was deemed fair, reasonable, compliant with the law, and not opposed by any concerned parties. All statutory requirements were met, leading to the Court making the Company Scheme Petitions absolute. The petitioners were directed to lodge the order and Scheme for stamp duty adjudication within 60 days and to pay costs to the Regional Director within 6 weeks. The filing and issuance of the order were dispensed with, with relevant authorities instructed to act accordingly. Case-Laws Companies Law Fri, 25 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299304