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2020 (9) TMI 1118 - Tri - Companies LawSanction of Scheme of Amalgamation - Sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme of Amalgamation appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to public policy - Since all the requisite statutory compliances have been fulfilled, the Company Scheme Petitions are made absolute in terms of prayer clauses (a) to (c) of Company Scheme Petition No. 4003 of 2019 and prayer clauses (a) to (c) of Company Scheme Petition No. 3946 of 2019. The Scheme is sanctioned and Appointed date is fixed as 1st April, 2018.
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