https://www.taxtmi.com/caselaws?id=296830 The Tribunal approved the Scheme of Arrangement under the Companies Act, 2013 for the merger of three companies. The Scheme involved merging the Transferor Companies with the Transferee Company and their respective Shareholders. All Equity Shareholders and Unsecured Creditors provided consent, dispensing with the need for meetings. The Scheme aimed to benefit shareholders, creditors, lenders, and stakeholders without prejudicing their interests. Compliance with legal provisions and regulatory authorities, including serving notices to relevant bodies, was emphasized to ensure diligent adherence to legal procedures. en-us Tue, 10 Nov 2020 00:00:00 +0530 Mon, 09 Aug 2021 08:52:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296830 The Tribunal approved the Scheme of Arrangement under the Companies Act, 2013 for the merger of three companies. The Scheme involved merging the Transferor Companies with the Transferee Company and their respective Shareholders. All Equity Shareholders and Unsecured Creditors provided consent, dispensing with the need for meetings. The Scheme aimed to benefit shareholders, creditors, lenders, and stakeholders without prejudicing their interests. Compliance with legal provisions and regulatory authorities, including serving notices to relevant bodies, was emphasized to ensure diligent adherence to legal procedures. Case-Laws Companies Law Tue, 10 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296830