https://www.taxtmi.com/caselaws?id=398399 The Tribunal granted sanction to the Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, between two companies and their shareholders. The Scheme was found to be fair, reasonable, and compliant with statutory requirements. All parties involved, including shareholders, creditors, and employees, were bound by the approved Scheme. Specific directions were issued for compliance, including filing with the Registrar of Companies, issuing newspaper publications, and undertaking necessary steps. Interested parties were given liberty to seek further directions if required. en-us Wed, 12 Aug 2020 00:00:00 +0530 Tue, 15 Sep 2020 11:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398399 The Tribunal granted sanction to the Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, between two companies and their shareholders. The Scheme was found to be fair, reasonable, and compliant with statutory requirements. All parties involved, including shareholders, creditors, and employees, were bound by the approved Scheme. Specific directions were issued for compliance, including filing with the Registrar of Companies, issuing newspaper publications, and undertaking necessary steps. Interested parties were given liberty to seek further directions if required. Case-Laws Companies Law Wed, 12 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398399