https://www.taxtmi.com/caselaws?id=410175 The Tribunal sanctioned the Scheme of Amalgamation between Silversand Distributors Limited and Prarthana Sales Private Limited under Sections 230-232 of the Companies Act, 2013. The scheme involved transferring assets, properties, rights, and obligations to the Transferee Company, dispensing with meetings of equity shareholders and creditors. Despite objections raised by the Regional Director, the Tribunal approved the scheme, effective from 1st April 2017. The Transferor Company was dissolved without winding up, and the petitioners were instructed to comply with all statutory requirements within 30 days. en-us Fri, 16 Jul 2021 00:00:00 +0530 Tue, 27 Jul 2021 08:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410175 The Tribunal sanctioned the Scheme of Amalgamation between Silversand Distributors Limited and Prarthana Sales Private Limited under Sections 230-232 of the Companies Act, 2013. The scheme involved transferring assets, properties, rights, and obligations to the Transferee Company, dispensing with meetings of equity shareholders and creditors. Despite objections raised by the Regional Director, the Tribunal approved the scheme, effective from 1st April 2017. The Transferor Company was dissolved without winding up, and the petitioners were instructed to comply with all statutory requirements within 30 days. Case-Laws Companies Law Fri, 16 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410175