https://www.taxtmi.com/caselaws?id=398589 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, between two companies and their shareholders. The restructuring aimed to benefit stakeholders by streamlining legal entities, reducing compliance burdens, and enhancing shareholder value. The companies complied with statutory requirements, addressed observations from the Regional Director, obtained approval from equity shareholders, and transferred assets and liabilities. The Tribunal found the Scheme fair and reasonable, fixing the appointed date as 1st April 2019, and directed regulatory authorities to act accordingly. en-us Fri, 31 Jan 2020 00:00:00 +0530 Sat, 19 Sep 2020 19:21:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398589 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, between two companies and their shareholders. The restructuring aimed to benefit stakeholders by streamlining legal entities, reducing compliance burdens, and enhancing shareholder value. The companies complied with statutory requirements, addressed observations from the Regional Director, obtained approval from equity shareholders, and transferred assets and liabilities. The Tribunal found the Scheme fair and reasonable, fixing the appointed date as 1st April 2019, and directed regulatory authorities to act accordingly. Case-Laws Companies Law Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398589