Search Results for "Sections 391-394"

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Bombay High Court Sanctions Scheme of Arrangement for Amalgamation of Five Transferor Companies with Unichem Laboratories Limited. Scheme held fair and reasonable under Sections 391-394 of Companies Act, 1956, despite shareholder objection.

The judgment concerns five Company Scheme Petitions filed under Sections 391 to 394 read with Sections 80, 100 to 103 of the Companies Act, 1956, seek...

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Bombay High Court Dismisses Petitions Challenging Air India's Restructuring and Transfer of Employees to Subsidiaries. Transfer of employees to wholly owned subsidiaries held not to be closure or retrenchment under Industrial Disputes Act, 1947.

The Bombay High Court dismissed a batch of writ petitions filed by various trade unions and associations of employees of Air India Limited challenging...

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Bombay High Court Allows Official Liquidator's Report in Winding Up of Transpower Engineering Ltd. — Holds Sale by Liquidator is Formal Transfer Not Subject to Differential Premium. Court exercises powers under Section 446(2) of Companies Act, 1956 to waive extension charges claimed by MIDC.

The Official Liquidator filed a report seeking directions regarding the sale of two industrial plots allotted by MIDC to Transpower Engineering Ltd. (...