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2018 (12) TMI 1544 - Tri - Companies LawScheme of merger by absorption - Held that:- The petitioner-companies have complied with all requirements as per directions of the Tribunal and they have filed necessary affidavits of compliance in this Tribunal. Moreover, the petitioner-company undertake to comply with all the statutory requirements if any, as required under the Companies Act, 2013 and the Rules made thereunder whichever is applicable. The scheme of merger by absorption appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to public policy.
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