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2019 (4) TMI 604 - Tri - Companies LawScheme of merger - HELD THAT:- No objector has approached, neither to the Petitioner nor before Tribunal, to oppose this Scheme of Merger (by absorption). The Official Liquidator has filed his report stating therein that the affairs of the Transferor Companies have been conducted in a proper manner and the Transferor Companies may be ordered to be dissolved without winding up. From the material on record, 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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