https://www.taxtmi.com/caselaws?id=403563 The Tribunal sanctioned the Composite Scheme of Arrangement and Amalgamation between two companies under the Companies Act, 2013. The scheme aimed to achieve financial restructuring and consolidation benefits. With no objections raised, the scheme was approved by equity shareholders. The reduction of share capital and compliance with statutory requirements were unanimously approved. The Tribunal accepted the Regional Director's report and ordered the dissolution of the Transferor Company without winding up. The scheme was deemed fair and compliant with the law, with necessary compliances fulfilled. en-us Thu, 23 Jul 2020 00:00:00 +0530 Tue, 02 Feb 2021 14:42:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403563 The Tribunal sanctioned the Composite Scheme of Arrangement and Amalgamation between two companies under the Companies Act, 2013. The scheme aimed to achieve financial restructuring and consolidation benefits. With no objections raised, the scheme was approved by equity shareholders. The reduction of share capital and compliance with statutory requirements were unanimously approved. The Tribunal accepted the Regional Director's report and ordered the dissolution of the Transferor Company without winding up. The scheme was deemed fair and compliant with the law, with necessary compliances fulfilled. Case-Laws Companies Law Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403563