https://www.taxtmi.com/caselaws?id=290892 The Tribunal approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two transferor companies with a transferee company. Approval was granted after considering reports from relevant authorities, compliance with statutory requirements, and absence of objections. The Tribunal directed dissolution of transferor companies without winding-up, transfer of assets to the transferee company, and continuity of employment for transferor company employees. The petitioners were instructed to register the order with the Registrar of Companies within thirty days, emphasizing compliance with legal obligations and allowing interested parties to seek further directions from the Tribunal. en-us Fri, 17 Jan 2020 00:00:00 +0530 Wed, 21 Oct 2020 09:29:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290892 The Tribunal approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two transferor companies with a transferee company. Approval was granted after considering reports from relevant authorities, compliance with statutory requirements, and absence of objections. The Tribunal directed dissolution of transferor companies without winding-up, transfer of assets to the transferee company, and continuity of employment for transferor company employees. The petitioners were instructed to register the order with the Registrar of Companies within thirty days, emphasizing compliance with legal obligations and allowing interested parties to seek further directions from the Tribunal. Case-Laws Companies Law Fri, 17 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290892