https://www.taxtmi.com/caselaws?id=402019 The Tribunal granted sanction to a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving three companies. The Scheme was found fair, reasonable, and compliant with all statutory requirements. The Tribunal approved the dissolution of the Transferor Companies without winding up, setting the Appointed Date as 1st April, 2019. Company Petition No. 946/MB/C-IV/2020 was made absolute, directing the Petitioner Companies to file necessary documents within specified timelines for implementation. Compliance with accounting standards and regulations was highlighted as crucial for the legality and effectiveness of the amalgamation process. en-us Wed, 16 Dec 2020 00:00:00 +0530 Tue, 22 Dec 2020 14:10:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402019 The Tribunal granted sanction to a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving three companies. The Scheme was found fair, reasonable, and compliant with all statutory requirements. The Tribunal approved the dissolution of the Transferor Companies without winding up, setting the Appointed Date as 1st April, 2019. Company Petition No. 946/MB/C-IV/2020 was made absolute, directing the Petitioner Companies to file necessary documents within specified timelines for implementation. Compliance with accounting standards and regulations was highlighted as crucial for the legality and effectiveness of the amalgamation process. Case-Laws Companies Law Wed, 16 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402019