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2015 (9) TMI 1688 - GUJARAT HIGH COURTSanction of Amalgamation Scheme - allegation that the affairs of the Petitioner Company, viz, Intas Lifesciences Private Limited, have not been conducted in a manner prejudicial to the interest of its members or to the public interest - HELD THAT:- It appears that the requirements of the provisions of sections 391 to 394 of the Companies Act, 1956 are satisfied. The Scheme is genuine and bonafide and in the interest of the shareholders and creditors. The Company Petitions is allowed and the Scheme is approved. The Scheme is hereby sanctioned. Prayers made in the respective Company Petitions are hereby granted.
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