https://www.taxtmi.com/caselaws?id=293254 The Tribunal sanctioned a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, between Highend Mercantile Private Limited and Pureview Trading Company Private Limited. The Scheme, approved by both companies' Boards, aimed to create a larger entity for management and synergy benefits, simplifying group structure and cost-saving advantages. The Tribunal found the Scheme fair, legally sound, and aligned with public policy, leading to the approval of the Company Scheme Petition. The Petitioner Companies were directed to file necessary documents with the Registrar of Companies within specified timelines, ensuring compliance with statutory requirements and protection of stakeholders' interests. en-us Fri, 31 Jan 2020 00:00:00 +0530 Tue, 02 Feb 2021 14:02:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293254 The Tribunal sanctioned a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, between Highend Mercantile Private Limited and Pureview Trading Company Private Limited. The Scheme, approved by both companies' Boards, aimed to create a larger entity for management and synergy benefits, simplifying group structure and cost-saving advantages. The Tribunal found the Scheme fair, legally sound, and aligned with public policy, leading to the approval of the Company Scheme Petition. The Petitioner Companies were directed to file necessary documents with the Registrar of Companies within specified timelines, ensuring compliance with statutory requirements and protection of stakeholders' interests. Case-Laws Companies Law Fri, 31 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293254