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2019 (1) TMI 1828 - NATIONAL COMPANY LAW TRIBUNAL MUMBAI BENCHApproval of Scheme of Merger by Absorption - Sections 230 to 232 read with Section 66 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme appears to be fair and reasonable and is not violation of any provisions of law and is not contrary to public policy. None of the parties concerned have come forwarded to oppose the Scheme of Merger - Since all the requisite statutory compliances have been fulfilled, Company Scheme Petition filed by the Transferor Company are made absolute in terms of prayer clause (a) to (c) of Company Scheme Petition. The scheme is approved.
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