https://www.taxtmi.com/caselaws?id=399721 The Tribunal sanctioned the Scheme of Amalgamation between two companies under sections 230-232 of the Companies Act, 2013. The Scheme aimed to enhance operational efficiencies and provide growth impetus. The companies complied with statutory requirements and accounting standards, addressing observations raised by the Regional Director. The Official Liquidator recommended the dissolution of the Transferor Company, which was accepted by the Tribunal. The Scheme's appointed date was set as 1st April 2018, with the Tribunal deeming it fair and reasonable. The Petitioner Companies were directed to file certified copies of the Order and Scheme with relevant authorities. en-us Thu, 23 Apr 2020 00:00:00 +0530 Sat, 17 Oct 2020 13:13:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399721 The Tribunal sanctioned the Scheme of Amalgamation between two companies under sections 230-232 of the Companies Act, 2013. The Scheme aimed to enhance operational efficiencies and provide growth impetus. The companies complied with statutory requirements and accounting standards, addressing observations raised by the Regional Director. The Official Liquidator recommended the dissolution of the Transferor Company, which was accepted by the Tribunal. The Scheme's appointed date was set as 1st April 2018, with the Tribunal deeming it fair and reasonable. The Petitioner Companies were directed to file certified copies of the Order and Scheme with relevant authorities. Case-Laws Companies Law Thu, 23 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399721