https://www.taxtmi.com/caselaws?id=291956 The National Company Law Tribunal, Mumbai Bench, sanctioned a Scheme of Merger by Absorption between two companies trading agricultural commodities and pulses processing. The merger aimed at achieving synergies in administration and business operations, leading to cost savings and financial strengthening. The Tribunal approved the Scheme as fair and reasonable, directing the transfer of liabilities, dissolution of the Transferor Company, and compliance with procedural requirements. The Petitioner Companies were instructed to comply with directives, pay specified costs, and lodge documents for stamp duty adjudication and registration. The appointed date for the merger was set as 1st April, 2018. en-us Fri, 08 Mar 2019 00:00:00 +0530 Wed, 02 Dec 2020 09:20:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291956 The National Company Law Tribunal, Mumbai Bench, sanctioned a Scheme of Merger by Absorption between two companies trading agricultural commodities and pulses processing. The merger aimed at achieving synergies in administration and business operations, leading to cost savings and financial strengthening. The Tribunal approved the Scheme as fair and reasonable, directing the transfer of liabilities, dissolution of the Transferor Company, and compliance with procedural requirements. The Petitioner Companies were instructed to comply with directives, pay specified costs, and lodge documents for stamp duty adjudication and registration. The appointed date for the merger was set as 1st April, 2018. Case-Laws Companies Law Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291956