https://www.taxtmi.com/caselaws?id=408707 The Tribunal approved the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, between the Transferor and Transferee Companies. It dispensed with the requirement to hold meetings of Equity Shareholders and Unsecured Creditors, as unanimously approved by the Boards of both companies. The Tribunal directed the issuance of notices to relevant authorities, including the Regional Director and Income Tax Authorities, and required compliance with statutory timelines for objections. The Official Liquidator was notified to report on the Transferor Company. The Tribunal's directions facilitated the procedural steps necessary for the amalgamation, with a deadline set for presenting the final Petitions. en-us Thu, 10 Jun 2021 00:00:00 +0530 Sat, 19 Jun 2021 10:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408707 The Tribunal approved the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, between the Transferor and Transferee Companies. It dispensed with the requirement to hold meetings of Equity Shareholders and Unsecured Creditors, as unanimously approved by the Boards of both companies. The Tribunal directed the issuance of notices to relevant authorities, including the Regional Director and Income Tax Authorities, and required compliance with statutory timelines for objections. The Official Liquidator was notified to report on the Transferor Company. The Tribunal's directions facilitated the procedural steps necessary for the amalgamation, with a deadline set for presenting the final Petitions. Case-Laws Law of Competition Thu, 10 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408707