https://www.taxtmi.com/caselaws?id=399362 The Tribunal sanctioned the scheme of amalgamation between the transferor and transferee companies, with an appointed date of April 1, 2018. The scheme required compliance with statutory provisions, transfer of assets and liabilities, and examination of defaults related to specific sections. The order emphasized that acceptance of the scheme did not exempt the companies from other legal obligations, including payment of stamp duty, taxes, and charges. The transferor company was directed to transfer to the transferee company, subject to existing charges, and all liabilities were to be assumed by the transferee. Compliance with statutory returns and provisions of the Companies Act, 2013, was mandated, with penalties for non-compliance. en-us Wed, 24 Jun 2020 00:00:00 +0530 Wed, 28 Oct 2020 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399362 The Tribunal sanctioned the scheme of amalgamation between the transferor and transferee companies, with an appointed date of April 1, 2018. The scheme required compliance with statutory provisions, transfer of assets and liabilities, and examination of defaults related to specific sections. The order emphasized that acceptance of the scheme did not exempt the companies from other legal obligations, including payment of stamp duty, taxes, and charges. The transferor company was directed to transfer to the transferee company, subject to existing charges, and all liabilities were to be assumed by the transferee. Compliance with statutory returns and provisions of the Companies Act, 2013, was mandated, with penalties for non-compliance. Case-Laws Companies Law Wed, 24 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399362