https://www.taxtmi.com/caselaws?id=405059 The Tribunal sanctioned the Scheme of Amalgamation, allowing the merger of four Transferor Companies with the Transferee Company. The application outlined the benefits of the merger, including resource optimization, business consolidation, and shareholder advantages. Shareholders and creditors provided consent, and statutory requirements and accounting standards were met. Meetings were convened, a Chairperson and Scrutinizer appointed, and notices served to relevant authorities. The Tribunal required filing of compliance affidavits, with non-objection presumed if no response received within 30 days. The application was disposed of, pending compliance formalities for certified copies of the order. en-us Mon, 12 Oct 2020 00:00:00 +0530 Thu, 11 Mar 2021 09:13:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405059 The Tribunal sanctioned the Scheme of Amalgamation, allowing the merger of four Transferor Companies with the Transferee Company. The application outlined the benefits of the merger, including resource optimization, business consolidation, and shareholder advantages. Shareholders and creditors provided consent, and statutory requirements and accounting standards were met. Meetings were convened, a Chairperson and Scrutinizer appointed, and notices served to relevant authorities. The Tribunal required filing of compliance affidavits, with non-objection presumed if no response received within 30 days. The application was disposed of, pending compliance formalities for certified copies of the order. Case-Laws Companies Law Mon, 12 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405059