https://www.taxtmi.com/caselaws?id=399727 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, transferring assets, liabilities, rights, and obligations from the Transferor Company to the Transferee Company. Meetings of Equity Shareholders were dispensed with, and compliance with statutory notices and responses from authorities was ensured. Queries and objections from the Official Liquidator and Regional Director were addressed satisfactorily. The Transferee Company was directed to preserve books and comply with statutory liabilities, with costs quantified for legal fees and expenses. The Scheme was deemed binding on shareholders and creditors, with the Transferor Company dissolved without winding up. en-us Fri, 29 May 2020 00:00:00 +0530 Sat, 17 Oct 2020 13:14:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399727 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, transferring assets, liabilities, rights, and obligations from the Transferor Company to the Transferee Company. Meetings of Equity Shareholders were dispensed with, and compliance with statutory notices and responses from authorities was ensured. Queries and objections from the Official Liquidator and Regional Director were addressed satisfactorily. The Transferee Company was directed to preserve books and comply with statutory liabilities, with costs quantified for legal fees and expenses. The Scheme was deemed binding on shareholders and creditors, with the Transferor Company dissolved without winding up. Case-Laws Companies Law Fri, 29 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399727