https://www.taxtmi.com/caselaws?id=406826 The National Company Law Tribunal, Principal Bench, New Delhi, sanctioned a Composite Scheme of Arrangement involving three companies under Sections 230-232 of the Companies Act, 2013. The scheme aimed at enhancing resource management, cost efficiency, and organizational functioning through corporate restructuring. The Tribunal approved the scheme after considering reports from the Regional Director, Official Liquidator, and Income Tax department, finding it fair, reasonable, and compliant. The companies were directed to fulfill statutory obligations and pay applicable duties and taxes as per law. en-us Thu, 01 Apr 2021 00:00:00 +0530 Sat, 24 Apr 2021 09:36:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406826 The National Company Law Tribunal, Principal Bench, New Delhi, sanctioned a Composite Scheme of Arrangement involving three companies under Sections 230-232 of the Companies Act, 2013. The scheme aimed at enhancing resource management, cost efficiency, and organizational functioning through corporate restructuring. The Tribunal approved the scheme after considering reports from the Regional Director, Official Liquidator, and Income Tax department, finding it fair, reasonable, and compliant. The companies were directed to fulfill statutory obligations and pay applicable duties and taxes as per law. Case-Laws Companies Law Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406826