https://www.taxtmi.com/caselaws?id=398885 The Tribunal sanctioned the Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, involving the Demerged Company and the Resulting Company. The Petitioner Companies complied with accounting standards, circulars, and statutory requirements, addressing observations raised by the Regional Director. The Tribunal accepted clarifications, affirmed the legality and fairness of the Scheme, and set the Appointed Date as 1st April 2019. All statutory compliances were met, leading to the final orders being pronounced and the Scheme being consigned to the record for implementation. en-us Mon, 27 Jul 2020 00:00:00 +0530 Sat, 26 Sep 2020 11:41:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398885 The Tribunal sanctioned the Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013, involving the Demerged Company and the Resulting Company. The Petitioner Companies complied with accounting standards, circulars, and statutory requirements, addressing observations raised by the Regional Director. The Tribunal accepted clarifications, affirmed the legality and fairness of the Scheme, and set the Appointed Date as 1st April 2019. All statutory compliances were met, leading to the final orders being pronounced and the Scheme being consigned to the record for implementation. Case-Laws Companies Law Mon, 27 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398885