https://www.taxtmi.com/caselaws?id=403221 The Tribunal approved the scheme of amalgamation under Sections 230-232 of the Companies Act, 2013 between Precise Laboratories Private Limited (Transferor Company) and Northern Aromatics Limited (Transferee Company). The scheme was sanctioned, binding the companies, shareholders, and creditors, subject to statutory requirements. Clarifications were given on stamp duty, taxes, and statutory dues, emphasizing compliance. Directions were issued for the Transferor Company's dissolution and transfer of assets to the Transferee Company. The Petitioner Companies were directed to file a Certified Copy of the Order with the Registrar of Companies for the dissolution of the Transferor Company within thirty days. en-us Wed, 09 Sep 2020 00:00:00 +0530 Fri, 22 Jan 2021 11:28:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403221 The Tribunal approved the scheme of amalgamation under Sections 230-232 of the Companies Act, 2013 between Precise Laboratories Private Limited (Transferor Company) and Northern Aromatics Limited (Transferee Company). The scheme was sanctioned, binding the companies, shareholders, and creditors, subject to statutory requirements. Clarifications were given on stamp duty, taxes, and statutory dues, emphasizing compliance. Directions were issued for the Transferor Company's dissolution and transfer of assets to the Transferee Company. The Petitioner Companies were directed to file a Certified Copy of the Order with the Registrar of Companies for the dissolution of the Transferor Company within thirty days. Case-Laws Companies Law Wed, 09 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403221