https://www.taxtmi.com/caselaws?id=18570 A sanctioned amalgamation transfers the transferor-company's undertaking, rights, liabilities and obligations to the transferee-company from the appointed date without further act or deed, making the transferee the substituted legal entity for connected purposes. A certificate issued under section 269UL(1) in the transferor-company's name was held to remain effective after amalgamation and could be acted upon by the transferee-company for registration of the sale deed. The registering authority was required to accept the certificate on that basis, while the question of amendment power under section 269UJ was left undecided. en-us Tue, 31 Oct 1995 00:00:00 +0530 Thu, 01 Oct 2009 16:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18570 A sanctioned amalgamation transfers the transferor-company's undertaking, rights, liabilities and obligations to the transferee-company from the appointed date without further act or deed, making the transferee the substituted legal entity for connected purposes. A certificate issued under section 269UL(1) in the transferor-company's name was held to remain effective after amalgamation and could be acted upon by the transferee-company for registration of the sale deed. The registering authority was required to accept the certificate on that basis, while the question of amendment power under section 269UJ was left undecided. Case-Laws Income Tax Tue, 31 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18570