https://www.taxtmi.com/caselaws?id=408341 A scheme of amalgamation was approved after the Tribunal found that meetings were duly dispensed with or conducted, the creditors had supported the proposal, and the petitioner companies had filed the required notices, reports, undertakings, and a revised scheme. Objections on record preservation, statutory compliances, filing requirements, and the appointed date were addressed through undertakings and modifications to the scheme. The reports of the Official Liquidator and Regional Director disclosed no prejudice to members or public interest, and the accounting treatment was certified as compliant with applicable standards. The scheme was therefore sanctioned and made binding on the companies and all concerned persons. en-us Fri, 30 Apr 2021 00:00:00 +0530 Tue, 08 Jun 2021 09:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408341 A scheme of amalgamation was approved after the Tribunal found that meetings were duly dispensed with or conducted, the creditors had supported the proposal, and the petitioner companies had filed the required notices, reports, undertakings, and a revised scheme. Objections on record preservation, statutory compliances, filing requirements, and the appointed date were addressed through undertakings and modifications to the scheme. The reports of the Official Liquidator and Regional Director disclosed no prejudice to members or public interest, and the accounting treatment was certified as compliant with applicable standards. The scheme was therefore sanctioned and made binding on the companies and all concerned persons. Case-Laws Companies Law Fri, 30 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408341