https://www.taxtmi.com/caselaws?id=403397 The Tribunal sanctioned the Scheme of Arrangement between Giftease Technologies Private Limited and Cybage Software Private Limited under Sections 230 to 232 of the Companies Act, 2013. The Scheme aimed to demerge the Ecommerce and Retail Sales Business of the Demerged Company into the Resulting Company for shareholder value and growth. The Tribunal found the Scheme fair and compliant, with the Appointed Date set as April 1, 2019. The Transferor Company was directed for dissolution without winding up, and the Petitioner Companies were instructed to file certified copies of the order and Scheme with relevant authorities. en-us Mon, 25 Jan 2021 00:00:00 +0530 Thu, 28 Jan 2021 10:53:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403397 The Tribunal sanctioned the Scheme of Arrangement between Giftease Technologies Private Limited and Cybage Software Private Limited under Sections 230 to 232 of the Companies Act, 2013. The Scheme aimed to demerge the Ecommerce and Retail Sales Business of the Demerged Company into the Resulting Company for shareholder value and growth. The Tribunal found the Scheme fair and compliant, with the Appointed Date set as April 1, 2019. The Transferor Company was directed for dissolution without winding up, and the Petitioner Companies were instructed to file certified copies of the order and Scheme with relevant authorities. Case-Laws Companies Law Mon, 25 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403397