https://www.taxtmi.com/caselaws?id=410092 The Tribunal sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company under Sections 230 to 232 of the Companies Act, 2013. The Scheme aimed at combining the businesses of both companies to enhance financial strength, maximize shareholder value, and improve the competitive position of the combined entity. The Tribunal found that all necessary formalities were complied with, and the Scheme was made in good faith and in the interest of all concerned. Orders included property transfer, employee engagement, share issuance, dissolution of Transferor Company, and compliance with Registrar of Companies. en-us Tue, 13 Jul 2021 00:00:00 +0530 Sat, 24 Jul 2021 09:13:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410092 The Tribunal sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company under Sections 230 to 232 of the Companies Act, 2013. The Scheme aimed at combining the businesses of both companies to enhance financial strength, maximize shareholder value, and improve the competitive position of the combined entity. The Tribunal found that all necessary formalities were complied with, and the Scheme was made in good faith and in the interest of all concerned. Orders included property transfer, employee engagement, share issuance, dissolution of Transferor Company, and compliance with Registrar of Companies. Case-Laws Companies Law Tue, 13 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410092