https://www.taxtmi.com/acts?id=17530 Section 233 provides a streamlined statutory route for merger or amalgamation among specified companies, requiring notice inviting objections, member approval at the prescribed shareholding threshold, a prescribed declaration of solvency, creditor approval by value or in writing, and filing of the approved scheme with the Central Government, Registrar and Official Liquidator; registration follows absent timely objections, registration effects dissolution of the transferor company and transfers property, liabilities, charges and pending proceedings to the transferee, with post merger filings on authorised capital and prohibition on the transferee holding its own shares. en-us Sat, 02 Mar 2013 14:19:59 +0530 Thu, 11 Dec 2025 15:40:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17530 Section 233 provides a streamlined statutory route for merger or amalgamation among specified companies, requiring notice inviting objections, member approval at the prescribed shareholding threshold, a prescribed declaration of solvency, creditor approval by value or in writing, and filing of the approved scheme with the Central Government, Registrar and Official Liquidator; registration follows absent timely objections, registration effects dissolution of the transferor company and transfers property, liabilities, charges and pending proceedings to the transferee, with post merger filings on authorised capital and prohibition on the transferee holding its own shares. Act-Rules Companies Law Sat, 02 Mar 2013 14:19:59 +0530 https://www.taxtmi.com/acts?id=17530