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2021 (8) TMI 682 - Tri - Companies LawSanction of Scheme of Amalgamation - Sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme appears to be fair and reasonable and does not violate of any provisions of law and is not contrary to public policy - Since all the requisite statutory compliances have been fulfilled, Company Petition filed by the Petitioner Companies has been made absolute in terms of prayer made in the petition. The scheme is sanctioned hereby, and the Appointed Date of the scheme is 1st April 2019. The Transferor Companies shall stand dissolved without the process of winding up - Application allowed.
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