https://www.taxtmi.com/caselaws?id=290272 The Tribunal approved the Scheme of Amalgamation under Sections 230 to 232 and Section 234 of the Companies Act, 2013, involving multiple companies. The approval was granted after confirming compliance with statutory requirements, regulatory approvals, and favorable reports from the Regional Director, Registrar of Companies, and Official Liquidator. The Tribunal acknowledged the Scheme's benefits, including rationalization of subsidiaries, cost savings, and enhanced shareholder value. The Petitioner Companies are directed to complete procedural formalities, such as stamp duty adjudication and filing with the Registrar of Companies, within stipulated timelines. en-us Wed, 13 Dec 2017 00:00:00 +0530 Thu, 17 Sep 2020 10:19:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290272 The Tribunal approved the Scheme of Amalgamation under Sections 230 to 232 and Section 234 of the Companies Act, 2013, involving multiple companies. The approval was granted after confirming compliance with statutory requirements, regulatory approvals, and favorable reports from the Regional Director, Registrar of Companies, and Official Liquidator. The Tribunal acknowledged the Scheme's benefits, including rationalization of subsidiaries, cost savings, and enhanced shareholder value. The Petitioner Companies are directed to complete procedural formalities, such as stamp duty adjudication and filing with the Registrar of Companies, within stipulated timelines. Case-Laws Law of Competition Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290272