2009 (4) TMI 438

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..... d under sections 391 to 394 of the Companies Act, 1956, the petitioner-Companies viz., Lotus Bio Analytical Services Private Limited (transferor company) and Lotus Labs Private Limited (transferee company) have sought for sanction of the scheme of amalgamation, which is at Annexure-A so as to be binding on them, their shareholders and creditors. Accordingly, they are disposed of by this common o .....

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..... ons was taken in two leading newspapers as directed by this Court. None appears to oppose the petitions. 5. Learned Counsel appearing for the petitioners submits that the scheme of amalgamation would help both the companies as it would enable the Companies to synergise the customer offerings under one management. The consolidation of the business of the transferor Company with the transferee C .....

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