https://www.taxtmi.com/caselaws?id=282717 The Tribunal approved the Scheme of Amalgamation between the Transferor Company and the Transferee Company, with all assets and liabilities transferred to the latter. Shareholders and creditors provided consents, eliminating the need for separate meetings. The exchange ratio was set at 5 fully paid equity shares of Rs. 10 each in the Transferee Company for 16 equity shares of Rs. 10 each in the Transferor Company. Necessary notices were served to relevant authorities without objections. The Tribunal scheduled a hearing for further proceedings, directing notice advertisement and service to concerned parties and authorities. Compliance with legal requirements and procedural steps were emphasized for the Scheme sanction. en-us Wed, 12 Jun 2019 00:00:00 +0530 Tue, 18 Apr 2023 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282717 The Tribunal approved the Scheme of Amalgamation between the Transferor Company and the Transferee Company, with all assets and liabilities transferred to the latter. Shareholders and creditors provided consents, eliminating the need for separate meetings. The exchange ratio was set at 5 fully paid equity shares of Rs. 10 each in the Transferee Company for 16 equity shares of Rs. 10 each in the Transferor Company. Necessary notices were served to relevant authorities without objections. The Tribunal scheduled a hearing for further proceedings, directing notice advertisement and service to concerned parties and authorities. Compliance with legal requirements and procedural steps were emphasized for the Scheme sanction. Case-Laws Companies Law Wed, 12 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282717