https://www.taxtmi.com/caselaws?id=403565 The Tribunal sanctioned the Scheme of Merger under sections 230 to 232 of the Companies Act, 2013, involving three companies engaged in horse breeding, trading, and agricultural production. The Scheme aimed at consolidating businesses for future growth, benefiting stakeholders, and avoiding duplication. Compliance with statutory requirements and observations by the Regional Director were meticulously addressed, leading to the dissolution of Transferor Companies without winding up. The Tribunal deemed the Scheme fair, reasonable, compliant with the law, and not against public policy. Post-sanction, filing and lodgment requirements were directed for successful implementation. en-us Thu, 23 Jul 2020 00:00:00 +0530 Tue, 02 Feb 2021 14:43:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403565 The Tribunal sanctioned the Scheme of Merger under sections 230 to 232 of the Companies Act, 2013, involving three companies engaged in horse breeding, trading, and agricultural production. The Scheme aimed at consolidating businesses for future growth, benefiting stakeholders, and avoiding duplication. Compliance with statutory requirements and observations by the Regional Director were meticulously addressed, leading to the dissolution of Transferor Companies without winding up. The Tribunal deemed the Scheme fair, reasonable, compliant with the law, and not against public policy. Post-sanction, filing and lodgment requirements were directed for successful implementation. Case-Laws Companies Law Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403565