https://www.taxtmi.com/caselaws?id=402378 The Tribunal approved the proposed company Scheme for the merger by absorption of multiple companies. The Scheme aimed to achieve operational and management efficiency through consolidation, with all necessary approvals obtained from equity shareholders and creditors. Shareholder meetings were dispensed with, as all parties consented to the Scheme. The Applicant Companies were directed to notify regulatory authorities, appoint a Chartered Accountant, and comply with Companies Act, 2013. The judgment was pronounced in open Court, with instructions for compliance and record-keeping. en-us Wed, 02 Sep 2020 00:00:00 +0530 Thu, 31 Dec 2020 13:51:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402378 The Tribunal approved the proposed company Scheme for the merger by absorption of multiple companies. The Scheme aimed to achieve operational and management efficiency through consolidation, with all necessary approvals obtained from equity shareholders and creditors. Shareholder meetings were dispensed with, as all parties consented to the Scheme. The Applicant Companies were directed to notify regulatory authorities, appoint a Chartered Accountant, and comply with Companies Act, 2013. The judgment was pronounced in open Court, with instructions for compliance and record-keeping. Case-Laws Companies Law Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402378