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2016 (8) TMI 615 - HC - Companies LawScheme of Amalgamation allowed. All the Transferor Companies shall be dissolved without being wound up. There are no investigation proceedings pending against them under Sections 235 to 251 of the Act. The Scheme of Amalgamation shall be binding on the Petitioner- Transferor and Transferee Companies, their respective Shareholders, Creditors and all concerned. Let formal order of sanction of the Scheme of Amalgamation be drawn in accordance with law and its certified copy be filed with the Registrar of Companies within 30 days from the date of receipt thereof. A notice of the order be published in ‘Financial Express’ (English) and ‘Punjab Kesri’ (Hindi), both Punjab Edition and in the Official Gazette of Government of Punjab. Any person interested shall be at liberty to apply to the Court for any direction(s) as per law.
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