https://www.taxtmi.com/caselaws?id=282712 The Tribunal approved the Scheme of Amalgamation between a Transferor Company and a Transferee Company, with the appointed date set as 1st April, 2018. The amalgamation was deemed beneficial for shareholders, creditors, employees, and the public. The Board of Directors of both companies had approved the scheme, and all necessary procedures and certifications were in place. Due to unanimous consents and absence of objections, separate meetings were dispensed with. The judgment highlighted the importance of accurate compliance affidavits and warned against fraudulent practices. The case was disposed of without costs, with provisions for urgent certified copies upon completion of formalities. en-us Mon, 04 Mar 2019 00:00:00 +0530 Tue, 18 Apr 2023 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282712 The Tribunal approved the Scheme of Amalgamation between a Transferor Company and a Transferee Company, with the appointed date set as 1st April, 2018. The amalgamation was deemed beneficial for shareholders, creditors, employees, and the public. The Board of Directors of both companies had approved the scheme, and all necessary procedures and certifications were in place. Due to unanimous consents and absence of objections, separate meetings were dispensed with. The judgment highlighted the importance of accurate compliance affidavits and warned against fraudulent practices. The case was disposed of without costs, with provisions for urgent certified copies upon completion of formalities. Case-Laws Companies Law Mon, 04 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282712