https://www.taxtmi.com/caselaws?id=398883 A composite scheme of amalgamation and merger under the Companies Act, 2013 may be sanctioned where the statutory procedure is followed, the companies have approved the scheme, objections are absent or satisfactorily answered, and the scheme is found fair, reasonable, lawful and consistent with public policy. The Tribunal recorded compliance responses on accounting treatment, notices, stock exchange filings, foreign exchange requirements and document accuracy, accepted the undertakings, and fixed the appointed date as 1 March 2020. The scheme was accordingly approved, with directions for filing, stamping and implementation. en-us Mon, 27 Jul 2020 00:00:00 +0530 Sat, 26 Sep 2020 11:41:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398883 A composite scheme of amalgamation and merger under the Companies Act, 2013 may be sanctioned where the statutory procedure is followed, the companies have approved the scheme, objections are absent or satisfactorily answered, and the scheme is found fair, reasonable, lawful and consistent with public policy. The Tribunal recorded compliance responses on accounting treatment, notices, stock exchange filings, foreign exchange requirements and document accuracy, accepted the undertakings, and fixed the appointed date as 1 March 2020. The scheme was accordingly approved, with directions for filing, stamping and implementation. Case-Laws Companies Law Mon, 27 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398883