https://www.taxtmi.com/caselaws?id=400257 The Tribunal approved the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, allowing the transfer of assets and liabilities from the Transferor Companies to the Transferee Company. The order specified the dissolution of the transferor companies without winding up, transfer of properties, issuance of shares, employee transfers, and continuation of proceedings. Compliance with statutory obligations and legal requirements was emphasized, with a reminder that the sanction did not exempt the petitioners from fulfilling their obligations. en-us Wed, 28 Oct 2020 00:00:00 +0530 Mon, 02 Nov 2020 14:47:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400257 The Tribunal approved the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, allowing the transfer of assets and liabilities from the Transferor Companies to the Transferee Company. The order specified the dissolution of the transferor companies without winding up, transfer of properties, issuance of shares, employee transfers, and continuation of proceedings. Compliance with statutory obligations and legal requirements was emphasized, with a reminder that the sanction did not exempt the petitioners from fulfilling their obligations. Case-Laws Companies Law Wed, 28 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400257