https://www.taxtmi.com/caselaws?id=398356 The Tribunal approved the Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, involving three companies and their shareholders. The Scheme for demerger and restructuring was deemed fair, reasonable, compliant with the law, and not against public policy. The Appointed Date was set as 31st March, 2019. The Petitioner Companies complied with all requirements and directives, addressing observations from the Regional Director. Directions were given for filing the Order with the Registrar of Companies and ensuring statutory compliance within specified timelines. Regulatory authorities were instructed to act on the certified Order, with interested parties granted liberty to seek further directions if needed. en-us Fri, 14 Aug 2020 00:00:00 +0530 Mon, 14 Sep 2020 09:23:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398356 The Tribunal approved the Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, involving three companies and their shareholders. The Scheme for demerger and restructuring was deemed fair, reasonable, compliant with the law, and not against public policy. The Appointed Date was set as 31st March, 2019. The Petitioner Companies complied with all requirements and directives, addressing observations from the Regional Director. Directions were given for filing the Order with the Registrar of Companies and ensuring statutory compliance within specified timelines. Regulatory authorities were instructed to act on the certified Order, with interested parties granted liberty to seek further directions if needed. Case-Laws Companies Law Fri, 14 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398356