https://www.taxtmi.com/caselaws?id=399095 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, after finding no impediment based on approval from members and creditors, along with reports from relevant authorities. The Scheme was approved with a reminder for compliance with statutory requirements, specifying dissolution of Transferor Companies, transfer of rights and liabilities to the Transferee Company, continuity of pending proceedings, and employee transfer terms. The Petitioner companies were ordered to deliver a certified copy of the order for registration within thirty days, leading to the dissolution of Transferor Companies upon compliance. en-us Mon, 22 Jun 2020 00:00:00 +0530 Sat, 03 Oct 2020 12:50:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399095 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, after finding no impediment based on approval from members and creditors, along with reports from relevant authorities. The Scheme was approved with a reminder for compliance with statutory requirements, specifying dissolution of Transferor Companies, transfer of rights and liabilities to the Transferee Company, continuity of pending proceedings, and employee transfer terms. The Petitioner companies were ordered to deliver a certified copy of the order for registration within thirty days, leading to the dissolution of Transferor Companies upon compliance. Case-Laws Companies Law Mon, 22 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399095