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    <title>2020 (10) TMI 700 - NATIONAL COMPANY LAW TRIBUNAL BENGALURU BENCH</title>
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    <description>The Tribunal sanctioned the Scheme of Amalgamation between the Transferor and Transferee Companies, contingent upon adherence to statutory requirements, settlement of outstanding demands, and completion of procedural formalities. The order clarified that the sanctioning does not exempt the parties from obligations such as Stamp Duty, taxes, or other levies. The Transferee Company is mandated to comply with the Companies Act, 2013, and provide quarterly and annual compliance status through an affidavit. The Tribunal&#039;s decision resolved the Company Petition and any pending interim applications.</description>
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      <description>The Tribunal sanctioned the Scheme of Amalgamation between the Transferor and Transferee Companies, contingent upon adherence to statutory requirements, settlement of outstanding demands, and completion of procedural formalities. The order clarified that the sanctioning does not exempt the parties from obligations such as Stamp Duty, taxes, or other levies. The Transferee Company is mandated to comply with the Companies Act, 2013, and provide quarterly and annual compliance status through an affidavit. The Tribunal&#039;s decision resolved the Company Petition and any pending interim applications.</description>
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      <pubDate>Fri, 29 May 2020 00:00:00 +0530</pubDate>
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