https://www.taxtmi.com/caselaws?id=303322 The Allahabad High Court approved the demerger and merger scheme under Sections 391/394 of the Companies Act, 1956, for SGPKA Infratech Private Ltd. and Agra Infraplanners Pvt. Ltd. The court sanctioned the scheme as there was no opposition raised during the proceedings, and the Regional Director expressed no objection, indicating a non-contentious nature. Notice of the petition was published, but no objections were filed. The court directed the formalization and registration of the scheme, granting interested parties liberty to seek further directions. Company Petition No.66 of 2015 was disposed of with the approval of the scheme. en-us Wed, 10 Feb 2016 00:00:00 +0530 Wed, 13 Jul 2022 21:35:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303322 The Allahabad High Court approved the demerger and merger scheme under Sections 391/394 of the Companies Act, 1956, for SGPKA Infratech Private Ltd. and Agra Infraplanners Pvt. Ltd. The court sanctioned the scheme as there was no opposition raised during the proceedings, and the Regional Director expressed no objection, indicating a non-contentious nature. Notice of the petition was published, but no objections were filed. The court directed the formalization and registration of the scheme, granting interested parties liberty to seek further directions. Company Petition No.66 of 2015 was disposed of with the approval of the scheme. Case-Laws Companies Law Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303322