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2021 (11) TMI 482 - Tri - Companies LawSanction of Composite Scheme of Amalgamation - Sections 230 to 232 of the read with other applicable provisions Companies Act, 2013 - HELD THAT:- From the material on record and after perusing the clarifications and submissions of the Petitioner Companies to the Reports filed by the Regional Directors, the Scheme 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 Petition filed by the Petitioner Companies is made absolute. The Scheme is hereby sanctioned with the 'Appointed Date' as April 1, 2019 - Application allowed.
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