https://www.taxtmi.com/caselaws?id=295033 At the second motion stage of a scheme of amalgamation and composite arrangement, the NCLT directed the petition to proceed under Sections 230 to 232 of the Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016. It fixed the hearing date, ordered publication of notice in specified newspapers, required service of notices on the prescribed authorities and objectors, and directed filing of an affidavit of service before the hearing. The Tribunal also required compliance with the applicable provisos to Sections 230 and 232, including filing of the auditor's certificate where necessary. The application for directions was allowed. en-us Mon, 08 Jun 2020 00:00:00 +0530 Sun, 16 May 2021 11:50:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295033 At the second motion stage of a scheme of amalgamation and composite arrangement, the NCLT directed the petition to proceed under Sections 230 to 232 of the Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016. It fixed the hearing date, ordered publication of notice in specified newspapers, required service of notices on the prescribed authorities and objectors, and directed filing of an affidavit of service before the hearing. The Tribunal also required compliance with the applicable provisos to Sections 230 and 232, including filing of the auditor's certificate where necessary. The application for directions was allowed. Case-Laws Companies Law Mon, 08 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295033