https://www.taxtmi.com/caselaws?id=372776 The National Company Law Appellate Tribunal (NCLAT) allowed the Appellant to substitute the Respondent by changing the Registrar of NCLT to the Registrar of Companies. The NCLT accepted the merger scheme but disagreed on changing the appointed date. NCLAT overruled NCLT's decision, maintaining the original date to ensure Income Tax Authorities could pursue liabilities. The judgment emphasized the transferee company's responsibility for Transferor Companies' liabilities, allowing tax authorities to hold them accountable. The appeal was disposed of without costs. en-us Mon, 20 Aug 2018 00:00:00 +0530 Sat, 29 Dec 2018 07:24:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372776 The National Company Law Appellate Tribunal (NCLAT) allowed the Appellant to substitute the Respondent by changing the Registrar of NCLT to the Registrar of Companies. The NCLT accepted the merger scheme but disagreed on changing the appointed date. NCLAT overruled NCLT's decision, maintaining the original date to ensure Income Tax Authorities could pursue liabilities. The judgment emphasized the transferee company's responsibility for Transferor Companies' liabilities, allowing tax authorities to hold them accountable. The appeal was disposed of without costs. Case-Laws Companies Law Mon, 20 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372776