https://www.taxtmi.com/caselaws?id=410759 The Tribunal sanctioned the Scheme of Arrangement between the Demerged Company and the Resulting Company, finding it fair, reasonable, and compliant with the Companies Act, 2013. The Scheme was approved by the equity shareholders, Regional Director's observations were addressed, and all statutory and procedural requirements were met. The Scheme was made absolute, declared binding on the Petitioner Companies and shareholders, with the appointed date set as April 1, 2019. The Petitioner Companies were directed to file necessary documents with the Registrar of Companies and Superintendent of Stamps within specified timelines for further compliance. en-us Mon, 02 Aug 2021 00:00:00 +0530 Mon, 09 Aug 2021 08:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410759 The Tribunal sanctioned the Scheme of Arrangement between the Demerged Company and the Resulting Company, finding it fair, reasonable, and compliant with the Companies Act, 2013. The Scheme was approved by the equity shareholders, Regional Director's observations were addressed, and all statutory and procedural requirements were met. The Scheme was made absolute, declared binding on the Petitioner Companies and shareholders, with the appointed date set as April 1, 2019. The Petitioner Companies were directed to file necessary documents with the Registrar of Companies and Superintendent of Stamps within specified timelines for further compliance. Case-Laws Companies Law Mon, 02 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410759