https://www.taxtmi.com/caselaws?id=403525 The Tribunal allowed the application for the Scheme of Amalgamation, dispensing with the meetings of Shareholders, Secured, and Unsecured Creditors as consents were obtained. The Applicant Companies were directed to issue notices to regulatory authorities and file a compliance report. The Scheme aimed to merge Transferor Companies with the Transferee Company for business consolidation, economies of scale, and profitability enhancement, with assets sufficient to cover liabilities. en-us Wed, 20 Jan 2021 00:00:00 +0530 Mon, 01 Feb 2021 06:53:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403525 The Tribunal allowed the application for the Scheme of Amalgamation, dispensing with the meetings of Shareholders, Secured, and Unsecured Creditors as consents were obtained. The Applicant Companies were directed to issue notices to regulatory authorities and file a compliance report. The Scheme aimed to merge Transferor Companies with the Transferee Company for business consolidation, economies of scale, and profitability enhancement, with assets sufficient to cover liabilities. Case-Laws Companies Law Wed, 20 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403525