https://www.taxtmi.com/caselaws?id=398687 A scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013 was sanctioned after the petitioning companies complied with the Tribunal's directions and filed the required affidavits and undertakings. The Regional Director's concerns on accounting treatment, the appointed date, circular compliance, fee set-off, and creditor protection were addressed through clarifications accepted by the Tribunal. The Official Liquidator reported that the transferor company's affairs had been properly conducted. On the record, the scheme was found fair, reasonable, not contrary to law or public policy, and the transferor company was directed to stand dissolved without winding up. en-us Wed, 09 Sep 2020 00:00:00 +0530 Mon, 21 Sep 2020 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398687 A scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013 was sanctioned after the petitioning companies complied with the Tribunal's directions and filed the required affidavits and undertakings. The Regional Director's concerns on accounting treatment, the appointed date, circular compliance, fee set-off, and creditor protection were addressed through clarifications accepted by the Tribunal. The Official Liquidator reported that the transferor company's affairs had been properly conducted. On the record, the scheme was found fair, reasonable, not contrary to law or public policy, and the transferor company was directed to stand dissolved without winding up. Case-Laws Companies Law Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398687