https://www.taxtmi.com/caselaws?id=398537 The Tribunal sanctioned a Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, between a Demerged Company and a Resulting Company, finding it fair, reasonable, and compliant with legal provisions and public policy. The Scheme aimed to demerge the media business, providing benefits like focused management, collaboration, capital access, and stakeholder value. The Tribunal approved the Scheme, directing compliance with statutory requirements and accounting standards, with an appointed date of 1st April 2020, allowing interested parties to seek further directions if needed. en-us Thu, 03 Sep 2020 00:00:00 +0530 Fri, 18 Sep 2020 16:34:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398537 The Tribunal sanctioned a Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, between a Demerged Company and a Resulting Company, finding it fair, reasonable, and compliant with legal provisions and public policy. The Scheme aimed to demerge the media business, providing benefits like focused management, collaboration, capital access, and stakeholder value. The Tribunal approved the Scheme, directing compliance with statutory requirements and accounting standards, with an appointed date of 1st April 2020, allowing interested parties to seek further directions if needed. Case-Laws Companies Law Thu, 03 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398537