https://www.taxtmi.com/caselaws?id=464858 HC sanctioned the proposed scheme of amalgamation under ss. 391-394 of the Companies Act, 1956, by which the transferor company merges into the transferee company, subject to corresponding sanction by the Madras HC for the transferee. Meetings of equity shareholders and unsecured creditors of the transferor were dispensed with, due notice and publication were made, and no objections were received. The Official Liquidator and Chartered Accountant reported no prejudicial conduct. All employees of the transferor will continue with the transferee without service break. The transferor stands dissolved without winding up. en-us Mon, 22 Feb 2010 00:00:00 +0530 Wed, 19 Nov 2025 17:38:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464858 HC sanctioned the proposed scheme of amalgamation under ss. 391-394 of the Companies Act, 1956, by which the transferor company merges into the transferee company, subject to corresponding sanction by the Madras HC for the transferee. Meetings of equity shareholders and unsecured creditors of the transferor were dispensed with, due notice and publication were made, and no objections were received. The Official Liquidator and Chartered Accountant reported no prejudicial conduct. All employees of the transferor will continue with the transferee without service break. The transferor stands dissolved without winding up. Case-Laws Companies Law Mon, 22 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464858