https://www.taxtmi.com/caselaws?id=410482 The National Company Law Tribunal, Kolkata Bench, granted sanction to the Scheme of Amalgamation under the Companies Act, 2013, involving multiple Transferor Companies and a Transferee Company. The Tribunal approved the scheme, highlighting benefits such as consolidation and regulatory compliance reduction. The exchange ratio of shares was fair, and statutory formalities were duly followed. After considering representations and reports, the Tribunal found no impediment to sanctioning the Scheme and provided specific directions on various aspects. The Company Petition was disposed of, and the final order was issued on 13th July 2021. en-us Tue, 13 Jul 2021 00:00:00 +0530 Tue, 03 Aug 2021 09:14:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410482 The National Company Law Tribunal, Kolkata Bench, granted sanction to the Scheme of Amalgamation under the Companies Act, 2013, involving multiple Transferor Companies and a Transferee Company. The Tribunal approved the scheme, highlighting benefits such as consolidation and regulatory compliance reduction. The exchange ratio of shares was fair, and statutory formalities were duly followed. After considering representations and reports, the Tribunal found no impediment to sanctioning the Scheme and provided specific directions on various aspects. The Company Petition was disposed of, and the final order was issued on 13th July 2021. Case-Laws Companies Law Tue, 13 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410482