https://www.taxtmi.com/caselaws?id=398396 The Tribunal sanctioned the Scheme of Amalgamation between Vaid Die Casting Private Limited (Transferor Company) and Mega Fine Pharma Private Limited (Transferee Company) under sections 230-232 of the Companies Act, 2013. The Scheme aimed to combine operations for efficiency and profitability. The Tribunal found the Scheme compliant with Accounting Standards, addressed objections raised by regulatory bodies, including tax implications, and deemed it fair and reasonable. The Transferor Company was to be dissolved without winding up, with specific procedural requirements to be met by the Petitioner Companies. Interested parties could seek necessary directions based on the Tribunal's order. en-us Tue, 26 May 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:15:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398396 The Tribunal sanctioned the Scheme of Amalgamation between Vaid Die Casting Private Limited (Transferor Company) and Mega Fine Pharma Private Limited (Transferee Company) under sections 230-232 of the Companies Act, 2013. The Scheme aimed to combine operations for efficiency and profitability. The Tribunal found the Scheme compliant with Accounting Standards, addressed objections raised by regulatory bodies, including tax implications, and deemed it fair and reasonable. The Transferor Company was to be dissolved without winding up, with specific procedural requirements to be met by the Petitioner Companies. Interested parties could seek necessary directions based on the Tribunal's order. Case-Laws Companies Law Tue, 26 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398396