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    <title>2017 (12) TMI 1899 - NATIONAL COMPANY LAW TRIBUNAL CHANDIGARH</title>
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    <description>NCLT, Chandigarh approved the scheme of amalgamation under ss. 230-232 of the Companies Act, 2013, finding procedural compliance and having considered reports of the Regional Director and Official Liquidator. As approved, the assets and liabilities of P-1 Company shall vest in P-2 Company and P-1 Company shall be dissolved without being wound up. The scheme is binding on the petitioner companies, their shareholders, creditors and all concerned. The application is disposed of.</description>
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      <description>NCLT, Chandigarh approved the scheme of amalgamation under ss. 230-232 of the Companies Act, 2013, finding procedural compliance and having considered reports of the Regional Director and Official Liquidator. As approved, the assets and liabilities of P-1 Company shall vest in P-2 Company and P-1 Company shall be dissolved without being wound up. The scheme is binding on the petitioner companies, their shareholders, creditors and all concerned. The application is disposed of.</description>
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