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2020 (10) TMI 173 - Tri - Companies LawSanction of Composite Scheme of Arrangement and Amalgamation - sections 230 to 232 of the Companies Act, 2013 read with the Companies (Compromises, Arrangement and Amalgamation) Rules, 2016 - HELD THAT:- From the material on record, the Scheme appears to be fair and reasonable and is not in violation of any provisions of law and is not contrary to public policy - Since all the requisite statutory compliances have been fulfilled, the Company Petition is made absolute in terms of the prayers thereof. The Transferor-Company be dissolved without the process of winding up - scheme is sanctioned.
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