https://www.taxtmi.com/caselaws?id=398261 The Tribunal sanctioned the Amalgamation Scheme under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two Transferor Companies with a Transferee Company. The Scheme was found fair, reasonable, compliant with the law, and not against public policy. All statutory requirements were met, leading to the approval of the Company Scheme Petition with directives for dissolution of Transferor Companies, filing of orders, compliance with undertakings, and publication obligations. Detailed instructions were provided for the implementation and communication of the sanctioned Scheme to ensure legal compliance and stakeholder awareness. en-us Fri, 14 Aug 2020 00:00:00 +0530 Fri, 11 Sep 2020 11:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398261 The Tribunal sanctioned the Amalgamation Scheme under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two Transferor Companies with a Transferee Company. The Scheme was found fair, reasonable, compliant with the law, and not against public policy. All statutory requirements were met, leading to the approval of the Company Scheme Petition with directives for dissolution of Transferor Companies, filing of orders, compliance with undertakings, and publication obligations. Detailed instructions were provided for the implementation and communication of the sanctioned Scheme to ensure legal compliance and stakeholder awareness. Case-Laws Companies Law Fri, 14 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398261