https://www.taxtmi.com/caselaws?id=400761 A scheme of amalgamation under sections 230 to 232 of the Companies Act, 2013 may be sanctioned where board approvals are in place, procedural requirements are completed, stakeholder and regulatory reports disclose no substantive objection, and the scheme is found fair, reasonable, and not prejudicial to members or creditors. On that basis, the Tribunal sanctioned the amalgamation with effect from the appointed date. A separate admitted default relating to non-appointment of a whole-time company secretary was treated as an independent compliance matter and directed to be dealt with separately without affecting approval of the scheme. en-us Tue, 09 Jun 2020 00:00:00 +0530 Mon, 04 Jan 2021 15:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400761 A scheme of amalgamation under sections 230 to 232 of the Companies Act, 2013 may be sanctioned where board approvals are in place, procedural requirements are completed, stakeholder and regulatory reports disclose no substantive objection, and the scheme is found fair, reasonable, and not prejudicial to members or creditors. On that basis, the Tribunal sanctioned the amalgamation with effect from the appointed date. A separate admitted default relating to non-appointment of a whole-time company secretary was treated as an independent compliance matter and directed to be dealt with separately without affecting approval of the scheme. Case-Laws Law of Competition Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400761