https://www.taxtmi.com/caselaws?id=399000 A scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013 was sanctioned because the relevant shareholders, debenture holders and creditors had given unanimous approval, the compliance affidavit showed publication and service on the regulatory authorities, and the Tribunal's directions had been complied with. The Regional Director's objection concerning notice filing on the MCA portal under Section 230(8) was addressed by the applicant through explanation of the scheme structure and existing approvals. The Official Liquidator reported no complaint and found no material indicating prejudice to members, creditors or public interest, and the auditor-certified accounting treatment presented no impediment to sanction. en-us Mon, 08 Jun 2020 00:00:00 +0530 Wed, 30 Sep 2020 11:51:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399000 A scheme of amalgamation under Sections 230 to 232 of the Companies Act, 2013 was sanctioned because the relevant shareholders, debenture holders and creditors had given unanimous approval, the compliance affidavit showed publication and service on the regulatory authorities, and the Tribunal's directions had been complied with. The Regional Director's objection concerning notice filing on the MCA portal under Section 230(8) was addressed by the applicant through explanation of the scheme structure and existing approvals. The Official Liquidator reported no complaint and found no material indicating prejudice to members, creditors or public interest, and the auditor-certified accounting treatment presented no impediment to sanction. Case-Laws Companies Law Mon, 08 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399000