https://www.taxtmi.com/caselaws?id=398584 The Tribunal approved the Composite Scheme of Amalgamation and Arrangement, finding it fair, reasonable, and compliant with the law. The Scheme involved demerging certain undertakings and amalgamating companies to create a standalone listed entity focused on healthcare. The Petitioner Companies were directed to comply with statutory requirements, address observations from the Regional Director and Income Tax Department, and implement the Scheme for stamp duty adjudication and filing with the Registrar of Companies. The approval aimed to consolidate healthcare businesses, unlock shareholder value, and achieve operational synergies. en-us Fri, 17 Jan 2020 00:00:00 +0530 Sat, 19 Sep 2020 17:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398584 The Tribunal approved the Composite Scheme of Amalgamation and Arrangement, finding it fair, reasonable, and compliant with the law. The Scheme involved demerging certain undertakings and amalgamating companies to create a standalone listed entity focused on healthcare. The Petitioner Companies were directed to comply with statutory requirements, address observations from the Regional Director and Income Tax Department, and implement the Scheme for stamp duty adjudication and filing with the Registrar of Companies. The approval aimed to consolidate healthcare businesses, unlock shareholder value, and achieve operational synergies. Case-Laws Companies Law Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398584