https://www.taxtmi.com/caselaws?id=291632 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the Transferor Company, M/s. Agarwal Meadows Private Limited, and the Transferee Company, M/s. Paisalo Digital Limited. The approval was based on unanimous shareholder and creditor meetings, compliance with statutory requirements, and no pending proceedings against the Petitioner Companies. The judgment emphasized shareholder autonomy and limited court intervention, deeming the Scheme in stakeholders' interest. The Petitioners were directed to fulfill statutory obligations, with the Transferor Company's dissolution without winding-up and assets transfer to the Transferee Company. en-us Fri, 17 May 2019 00:00:00 +0530 Fri, 20 Nov 2020 12:07:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291632 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the Transferor Company, M/s. Agarwal Meadows Private Limited, and the Transferee Company, M/s. Paisalo Digital Limited. The approval was based on unanimous shareholder and creditor meetings, compliance with statutory requirements, and no pending proceedings against the Petitioner Companies. The judgment emphasized shareholder autonomy and limited court intervention, deeming the Scheme in stakeholders' interest. The Petitioners were directed to fulfill statutory obligations, with the Transferor Company's dissolution without winding-up and assets transfer to the Transferee Company. Case-Laws Companies Law Fri, 17 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291632