https://www.taxtmi.com/caselaws?id=404398 A proposed scheme of amalgamation between transferor companies and the transferee company was sanctioned after the boards approved the scheme, shareholder procedures were completed, public notice was issued, and no stakeholder objections were received. The Tribunal also noted that the Registrar of Companies report recorded no objection from the Regional Director, subject to compliance with statutory requirements. Finding the scheme fair, reasonable, and not contrary to law, the Tribunal held that the requirements under Sections 230 and 232 of the Companies Act, 2013 were satisfied. The amalgamation was sanctioned with the appointed date fixed as 31 March 2019 and the petition disposed of. en-us Fri, 12 Feb 2021 00:00:00 +0530 Tue, 23 Feb 2021 09:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404398 A proposed scheme of amalgamation between transferor companies and the transferee company was sanctioned after the boards approved the scheme, shareholder procedures were completed, public notice was issued, and no stakeholder objections were received. The Tribunal also noted that the Registrar of Companies report recorded no objection from the Regional Director, subject to compliance with statutory requirements. Finding the scheme fair, reasonable, and not contrary to law, the Tribunal held that the requirements under Sections 230 and 232 of the Companies Act, 2013 were satisfied. The amalgamation was sanctioned with the appointed date fixed as 31 March 2019 and the petition disposed of. Case-Laws Companies Law Fri, 12 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404398