https://www.taxtmi.com/caselaws?id=398967 The Tribunal approved the Scheme of Amalgamation and Arrangement under Sections 230 to 232 of the Companies Act, 2013, between the Transferor Company and the Transferee Company. The Scheme, supported by the majority of stakeholders, included a share exchange ratio and ensured compliance with statutory requirements. Objections from statutory authorities and stakeholders were addressed, with assurances on employee conditions and ongoing litigations. The approval mandated the Transferee Company to assume tax liabilities and ongoing assessments, with no exemption from legal compliance. The Transferor Company would dissolve without winding up, transferring its assets and liabilities to the Transferee Company, subject to conditions including a deposit with the Regional Director. en-us Wed, 26 Feb 2020 00:00:00 +0530 Tue, 29 Sep 2020 06:27:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398967 The Tribunal approved the Scheme of Amalgamation and Arrangement under Sections 230 to 232 of the Companies Act, 2013, between the Transferor Company and the Transferee Company. The Scheme, supported by the majority of stakeholders, included a share exchange ratio and ensured compliance with statutory requirements. Objections from statutory authorities and stakeholders were addressed, with assurances on employee conditions and ongoing litigations. The approval mandated the Transferee Company to assume tax liabilities and ongoing assessments, with no exemption from legal compliance. The Transferor Company would dissolve without winding up, transferring its assets and liabilities to the Transferee Company, subject to conditions including a deposit with the Regional Director. Case-Laws Law of Competition Wed, 26 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398967