https://www.taxtmi.com/caselaws?id=288332 The Appellate Tribunal overturned the decision of the lower Tribunal and directed the National Company Law Tribunal, Hyderabad Bench, to sanction the Scheme of Amalgamation between the appellant companies. The Appellate Tribunal emphasized that private limited companies can issue shares at a premium under the Companies Act, 2013, and that the companies had complied with all statutory provisions and accounting standards. The appeal was allowed, with no order as to costs. en-us Thu, 03 May 2018 00:00:00 +0530 Tue, 02 Jun 2020 01:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288332 The Appellate Tribunal overturned the decision of the lower Tribunal and directed the National Company Law Tribunal, Hyderabad Bench, to sanction the Scheme of Amalgamation between the appellant companies. The Appellate Tribunal emphasized that private limited companies can issue shares at a premium under the Companies Act, 2013, and that the companies had complied with all statutory provisions and accounting standards. The appeal was allowed, with no order as to costs. Case-Laws Companies Law Thu, 03 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288332