https://www.taxtmi.com/caselaws?id=291517 The Tribunal sanctioned the Scheme of Amalgamation of three Transferor Companies into the Transferee Company under Sections 230 to 232 of the Companies Act, 2013. The approval was granted as no objections were raised, ensuring fair conduct. Meetings of shareholders and creditors were dispensed with, and compliance with statutory requirements and regulatory observations was noted. Shares were issued and allotted, property and liabilities were transferred, pending proceedings were continued, and tax obligations were clarified. The Scheme was sanctioned with a directive for dissolution of Transferor Companies and adherence to statutory obligations, with any violations subject to legal action. en-us Fri, 09 Aug 2019 00:00:00 +0530 Fri, 13 Nov 2020 21:17:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291517 The Tribunal sanctioned the Scheme of Amalgamation of three Transferor Companies into the Transferee Company under Sections 230 to 232 of the Companies Act, 2013. The approval was granted as no objections were raised, ensuring fair conduct. Meetings of shareholders and creditors were dispensed with, and compliance with statutory requirements and regulatory observations was noted. Shares were issued and allotted, property and liabilities were transferred, pending proceedings were continued, and tax obligations were clarified. The Scheme was sanctioned with a directive for dissolution of Transferor Companies and adherence to statutory obligations, with any violations subject to legal action. Case-Laws Companies Law Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291517