https://www.taxtmi.com/caselaws?id=290813 The Tribunal approved the Scheme of Arrangement through amalgamation under Sections 230 to 232 of the Companies Act, 2013. Compliance with statutory requirements and objections raised by regulatory authorities was addressed. After considering reports and approvals, the Tribunal sanctioned the Scheme, directing dissolution of Transferor Companies and transfer of assets to the transferee company. Compliance with statutory requirements was mandated, with a warning against violations. The Tribunal emphasized fairness, justness, and reasonableness of the Scheme, highlighting its benefit for companies and stakeholders. en-us Tue, 14 Jan 2020 00:00:00 +0530 Sat, 17 Oct 2020 12:02:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290813 The Tribunal approved the Scheme of Arrangement through amalgamation under Sections 230 to 232 of the Companies Act, 2013. Compliance with statutory requirements and objections raised by regulatory authorities was addressed. After considering reports and approvals, the Tribunal sanctioned the Scheme, directing dissolution of Transferor Companies and transfer of assets to the transferee company. Compliance with statutory requirements was mandated, with a warning against violations. The Tribunal emphasized fairness, justness, and reasonableness of the Scheme, highlighting its benefit for companies and stakeholders. Case-Laws Companies Law Tue, 14 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290813