https://www.taxtmi.com/caselaws?id=409865 The Tribunal sanctioned the Scheme under Sections 230 to 232 of the Companies Act, 2013, finding it fair, reasonable, and compliant with the law. The Scheme aimed to consolidate group structure, achieve efficiency, and streamline regulatory compliance, providing financial and operational benefits. Compliance with statutory requirements, including Section 186(7), was confirmed. The Tribunal ordered dissolution of Transferor Companies without winding up, declaring the Scheme binding on all parties involved and directing timely lodgment of documents with regulatory authorities. en-us Tue, 15 Jun 2021 00:00:00 +0530 Mon, 19 Jul 2021 10:23:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409865 The Tribunal sanctioned the Scheme under Sections 230 to 232 of the Companies Act, 2013, finding it fair, reasonable, and compliant with the law. The Scheme aimed to consolidate group structure, achieve efficiency, and streamline regulatory compliance, providing financial and operational benefits. Compliance with statutory requirements, including Section 186(7), was confirmed. The Tribunal ordered dissolution of Transferor Companies without winding up, declaring the Scheme binding on all parties involved and directing timely lodgment of documents with regulatory authorities. Case-Laws Companies Law Tue, 15 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409865