Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2016 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (4) TMI 616 - HC - Companies LawScheme of Amalgamation - Held that:- The observations made by the Regional Director, Ministry of Corporate Affairs, have been redressed satisfactorily. It can, therefore, 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 and the same deserves to be sanctioned. The Scheme is, therefore, sanctioned. The prayers in terms of paragraph16( a) of the Company Petition No.55 of 2016 and paragraph15( a) of the Company Petition No.56 of 2016 are hereby granted. The Petitioner companies are directed to file a copy of this order along with a copy of the Scheme with the concerned Registrar of Companies, electronically, along with INC28 in addition to physical copy as per relevant provisions of the Act.
|