https://www.taxtmi.com/caselaws?id=407255 The Tribunal allowed the proposed amendment in the scheme of amalgamation in C.P. (CAA) NO. 779/KB/2019, directing the filing of the amended petition within two weeks. Shareholders and unsecured creditors provided consent, and a new share valuation report was prepared, maintaining the share exchange ratio. The judgment highlights the importance of obtaining stakeholder consent, valuation reports, and procedural compliance in amending schemes of amalgamation under the Companies Act. It underscores the meticulous approach taken by the applicants in restructuring corporate arrangements and the Tribunal's role in ensuring transparency and statutory adherence. en-us Thu, 15 Apr 2021 00:00:00 +0530 Wed, 05 May 2021 08:36:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407255 The Tribunal allowed the proposed amendment in the scheme of amalgamation in C.P. (CAA) NO. 779/KB/2019, directing the filing of the amended petition within two weeks. Shareholders and unsecured creditors provided consent, and a new share valuation report was prepared, maintaining the share exchange ratio. The judgment highlights the importance of obtaining stakeholder consent, valuation reports, and procedural compliance in amending schemes of amalgamation under the Companies Act. It underscores the meticulous approach taken by the applicants in restructuring corporate arrangements and the Tribunal's role in ensuring transparency and statutory adherence. Case-Laws Companies Law Thu, 15 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407255