https://www.taxtmi.com/caselaws?id=296861 The joint second motion petition under Sections 230 to 232 and Section 66 of the Companies Act, 2013, seeking sanction for the Scheme of Amalgamation involving multiple companies was deemed maintainable. Compliance with procedural requirements, approval of the Scheme, reduction of share capital, and addressing objections from statutory authorities were successfully demonstrated. The Tribunal approved the Scheme, binding all stakeholders, with dissolution of Transferor Companies and cancellation of their share capital. No exemption from stamp duty or taxes was granted, and formal orders were pending upon filing of property schedule. The Scheme's appointed date was set as 01.01.2019. en-us Fri, 17 May 2019 00:00:00 +0530 Mon, 09 Aug 2021 20:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296861 The joint second motion petition under Sections 230 to 232 and Section 66 of the Companies Act, 2013, seeking sanction for the Scheme of Amalgamation involving multiple companies was deemed maintainable. Compliance with procedural requirements, approval of the Scheme, reduction of share capital, and addressing objections from statutory authorities were successfully demonstrated. The Tribunal approved the Scheme, binding all stakeholders, with dissolution of Transferor Companies and cancellation of their share capital. No exemption from stamp duty or taxes was granted, and formal orders were pending upon filing of property schedule. The Scheme's appointed date was set as 01.01.2019. Case-Laws Companies Law Fri, 17 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296861