https://www.taxtmi.com/caselaws?id=333496 The court sanctioned a Composite Scheme of Arrangement involving demerger, transfer, amalgamation, and restructuring of share capital among multiple companies under relevant sections of the Companies Act. Compliance issues were addressed, including rectifying non-compliance with statutory requirements and making necessary amendments to the scheme. The court approved the scheme, finding it beneficial to stakeholders and the public, with associated costs quantified. Directions were given for record preservation, compliance with statutory liabilities, and filing necessary documents with authorities within specified timelines. en-us Fri, 07 Oct 2016 00:00:00 +0530 Sat, 15 Oct 2016 11:01:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333496 The court sanctioned a Composite Scheme of Arrangement involving demerger, transfer, amalgamation, and restructuring of share capital among multiple companies under relevant sections of the Companies Act. Compliance issues were addressed, including rectifying non-compliance with statutory requirements and making necessary amendments to the scheme. The court approved the scheme, finding it beneficial to stakeholders and the public, with associated costs quantified. Directions were given for record preservation, compliance with statutory liabilities, and filing necessary documents with authorities within specified timelines. Case-Laws Companies Law Fri, 07 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333496