https://www.taxtmi.com/caselaws?id=285640 The Scheme of Amalgamation and Arrangement involving multiple companies was approved by the Tribunal with modifications related to fractional shares. The scheme aimed to simplify group structure, enhance efficiency, and benefit shareholders. Objections raised by the Regional Director and an objector were addressed satisfactorily, ensuring compliance with relevant laws. The Tribunal directed the transferee company to make payments to affected shareholders and safeguarded stakeholders' interests by ensuring statutory compliance and orderly dissolution of transferor companies. The scheme was sanctioned with necessary adjustments, emphasizing stakeholder protection and legal compliance. en-us Thu, 12 Apr 2018 00:00:00 +0530 Mon, 20 Jan 2020 16:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285640 The Scheme of Amalgamation and Arrangement involving multiple companies was approved by the Tribunal with modifications related to fractional shares. The scheme aimed to simplify group structure, enhance efficiency, and benefit shareholders. Objections raised by the Regional Director and an objector were addressed satisfactorily, ensuring compliance with relevant laws. The Tribunal directed the transferee company to make payments to affected shareholders and safeguarded stakeholders' interests by ensuring statutory compliance and orderly dissolution of transferor companies. The scheme was sanctioned with necessary adjustments, emphasizing stakeholder protection and legal compliance. Case-Laws Companies Law Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285640