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2016 (2) TMI 584 - HC - Companies LawScheme of Amalgamation - Held that:- Considering the above facts and circumstance and taking into account the contentions raised by the affidavits and reply affidavits and the submissions advanced during the course of hearing, this Court is satisfied that the observations made by the Regional Director, Ministry of Corporate Affairs, have been suitably addressed. It can be concluded that the present Scheme of Arrangement is in the interest of the shareholders and creditors of all the companies, as well as in the public interest, therefore, the same deserves to be sanctioned.
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