https://www.taxtmi.com/caselaws?id=303130 The High Court granted sanction to the Scheme of Amalgamation involving three companies under Sections 391(1), 393 & 394 of the Companies Act, 1956. The court approved the petition, directing compliance with statutory requirements and payment of costs to the Official Liquidator. The Scheme of Amalgamation was sanctioned, with the transferor companies set to dissolve without winding up upon the effective date. The petitioners were instructed to deposit costs with the Official Liquidator, and the order was to be filed with the Registrar of Companies within 30 days. en-us Mon, 25 May 2015 00:00:00 +0530 Wed, 06 Jul 2022 00:18:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303130 The High Court granted sanction to the Scheme of Amalgamation involving three companies under Sections 391(1), 393 & 394 of the Companies Act, 1956. The court approved the petition, directing compliance with statutory requirements and payment of costs to the Official Liquidator. The Scheme of Amalgamation was sanctioned, with the transferor companies set to dissolve without winding up upon the effective date. The petitioners were instructed to deposit costs with the Official Liquidator, and the order was to be filed with the Registrar of Companies within 30 days. Case-Laws Companies Law Mon, 25 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303130