https://www.taxtmi.com/caselaws?id=281800 The Tribunal sanctioned the scheme of amalgamation between the Transferor Company and the Transferee Company, subject to compliance with statutory requirements and conditions imposed by the Department of Telecommunications. The approval included the transfer of assets and liabilities, issuance of shares, and addressing objections raised by the Income Tax Department. The order emphasized adherence to the Companies Act, 2013, and highlighted that disputes with the Department of Telecommunications were not grounds for denying the merger. Parties were reminded of their obligations regarding stamp duty, taxes, and preserving their rights to seek remedies if needed. en-us Thu, 08 Mar 2018 00:00:00 +0530 Tue, 18 Apr 2023 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281800 The Tribunal sanctioned the scheme of amalgamation between the Transferor Company and the Transferee Company, subject to compliance with statutory requirements and conditions imposed by the Department of Telecommunications. The approval included the transfer of assets and liabilities, issuance of shares, and addressing objections raised by the Income Tax Department. The order emphasized adherence to the Companies Act, 2013, and highlighted that disputes with the Department of Telecommunications were not grounds for denying the merger. Parties were reminded of their obligations regarding stamp duty, taxes, and preserving their rights to seek remedies if needed. Case-Laws Insolvency and Bankruptcy Thu, 08 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281800