https://www.taxtmi.com/caselaws?id=400205 The National Company Law Tribunal, New Delhi, approved the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013. The petitioners fulfilled all procedural requirements, received no objections from relevant authorities, and obtained confirmation of accounting treatment from statutory auditors. The Tribunal sanctioned the scheme, directing compliance with statutory obligations, including dissolution of transferor companies, transfer of properties and liabilities, allotment of shares, and employee transfers. The petitioners were instructed to register the order with the Registrar of Companies. The judgment emphasized adherence to legal requirements and protection of stakeholders' interests. en-us Wed, 28 Oct 2020 00:00:00 +0530 Sat, 31 Oct 2020 07:31:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400205 The National Company Law Tribunal, New Delhi, approved the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013. The petitioners fulfilled all procedural requirements, received no objections from relevant authorities, and obtained confirmation of accounting treatment from statutory auditors. The Tribunal sanctioned the scheme, directing compliance with statutory obligations, including dissolution of transferor companies, transfer of properties and liabilities, allotment of shares, and employee transfers. The petitioners were instructed to register the order with the Registrar of Companies. The judgment emphasized adherence to legal requirements and protection of stakeholders' interests. Case-Laws Companies Law Wed, 28 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400205