https://www.taxtmi.com/caselaws?id=283666 The Tribunal sanctioned the Scheme of Arrangement between two companies under Sections 230 and 232 of the Companies Act, 2013, finding it fair and reasonable. It directed compliance with statutory requirements, including related party transactions, payment of fees and stamp duty, tax liabilities, and FEMA/RBI regulations. The Scheme's effective date was clarified as 01.02.2018, with modifications to ensure consistency. The Transferee Company was instructed to increase authorized share capital and pay necessary fees. The final orders included property transfer, tax implications subject to authorities' decision, and ongoing compliance monitoring. en-us Fri, 08 Mar 2019 00:00:00 +0530 Sat, 05 Oct 2019 06:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283666 The Tribunal sanctioned the Scheme of Arrangement between two companies under Sections 230 and 232 of the Companies Act, 2013, finding it fair and reasonable. It directed compliance with statutory requirements, including related party transactions, payment of fees and stamp duty, tax liabilities, and FEMA/RBI regulations. The Scheme's effective date was clarified as 01.02.2018, with modifications to ensure consistency. The Transferee Company was instructed to increase authorized share capital and pay necessary fees. The final orders included property transfer, tax implications subject to authorities' decision, and ongoing compliance monitoring. Case-Laws Companies Law Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283666