https://www.taxtmi.com/caselaws?id=409043 The Tribunal approved the Joint Second Motion Petition under Sections 230-232 of the Companies Act, 2013, for the Scheme of Amalgamation. Meetings for equity shareholders and creditors were dispensed with for certain companies, while others convened meetings resulting in unanimous approval. The Scheme complied with statutory requirements and accounting standards, with no objections received. Reports from statutory authorities confirmed compliance and no adverse observations. The Scheme included provisions for treatment of employees, legal proceedings, share exchange ratios, and valuation. The Tribunal approved the Scheme with specific conditions for transfer of companies, properties, liabilities, and compliance obligations. en-us Fri, 18 Jun 2021 00:00:00 +0530 Mon, 28 Jun 2021 10:03:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409043 The Tribunal approved the Joint Second Motion Petition under Sections 230-232 of the Companies Act, 2013, for the Scheme of Amalgamation. Meetings for equity shareholders and creditors were dispensed with for certain companies, while others convened meetings resulting in unanimous approval. The Scheme complied with statutory requirements and accounting standards, with no objections received. Reports from statutory authorities confirmed compliance and no adverse observations. The Scheme included provisions for treatment of employees, legal proceedings, share exchange ratios, and valuation. The Tribunal approved the Scheme with specific conditions for transfer of companies, properties, liabilities, and compliance obligations. Case-Laws Companies Law Fri, 18 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409043