https://www.taxtmi.com/caselaws?id=267499 The fee continuity benefit under the registration-fee regime applied only to mergers or amalgamations carried out as a compulsion of law and meeting the prescribed shareholding condition. Where the amalgamation was driven by a business decision to access NSE membership and continue brokerage operations, it was not treated as legally compelled, so the exemption was unavailable. Approval of the scheme by the High Court did not alter the fee consequence under the SEBI fee framework, and fresh registration fees remained payable. en-us Wed, 04 Nov 2015 00:00:00 +0530 Sat, 07 Nov 2015 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267499 The fee continuity benefit under the registration-fee regime applied only to mergers or amalgamations carried out as a compulsion of law and meeting the prescribed shareholding condition. Where the amalgamation was driven by a business decision to access NSE membership and continue brokerage operations, it was not treated as legally compelled, so the exemption was unavailable. Approval of the scheme by the High Court did not alter the fee consequence under the SEBI fee framework, and fresh registration fees remained payable. Case-Laws Companies Law Wed, 04 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267499