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2019 (5) TMI 1839 - Tri - Companies LawSanction of scheme of amalgamation - Section 230 to 232 of the Companies Act, 2013 - HELD THAT:- Upon perusal of Ld. Counsel for the Petitioners and Authorised Representative of the Regional Director, Eastern Region, Ministry Of Corporate Affairs at Kolkata and the approvals accorded by the members and creditors of petitioner companies to the proposed Scheme and the affidavits filed by the Regional Director, Eastern Region, Ministry of Corporate Affairs, the report of Official Liquidator, the replies filed by the Petitioner Companies to the observation of the Regional Director, there appears to be no impediment in sanctioning the present Scheme - Consequently sanction is hereby granted to the Scheme under section 230 & 232 of the Companies Act, 2013. The scheme is sanctioned - appeal allowed.
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