https://www.taxtmi.com/caselaws?id=384691 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, allowing the transfer of assets, liabilities, continuation of legal proceedings, issuance of shares, and dissolution of the Transferor Company. The Petitioner Companies complied with regulatory requirements, demonstrated financial stability, and outlined reasons for amalgamation including business consolidation and growth. The Company Petition was disposed of with no order as to costs, permitting parties to obtain urgent copies of the order and apply for further directions if needed. en-us Fri, 02 Aug 2019 00:00:00 +0530 Wed, 21 Aug 2019 07:49:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384691 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, allowing the transfer of assets, liabilities, continuation of legal proceedings, issuance of shares, and dissolution of the Transferor Company. The Petitioner Companies complied with regulatory requirements, demonstrated financial stability, and outlined reasons for amalgamation including business consolidation and growth. The Company Petition was disposed of with no order as to costs, permitting parties to obtain urgent copies of the order and apply for further directions if needed. Case-Laws Companies Law Fri, 02 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384691