https://www.taxtmi.com/caselaws?id=410965 The Tribunal approved the Scheme of Amalgamation under sections 230-232 of the Companies Act, 2013, involving a two-stage merger process. Dispensation was granted for meetings of equity shareholders and unsecured creditors. Compliance with statutory requirements was ensured through publication of notices and service to relevant authorities. Share exchange ratios were based on a valuation report by a registered valuer. The Tribunal addressed concerns regarding pending tax demands, with the Transferee Company assuming liabilities. The Scheme safeguarded employee conditions and stipulated the continuation of ongoing legal proceedings against the Transferee Company. en-us Fri, 06 Aug 2021 00:00:00 +0530 Fri, 13 Aug 2021 09:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410965 The Tribunal approved the Scheme of Amalgamation under sections 230-232 of the Companies Act, 2013, involving a two-stage merger process. Dispensation was granted for meetings of equity shareholders and unsecured creditors. Compliance with statutory requirements was ensured through publication of notices and service to relevant authorities. Share exchange ratios were based on a valuation report by a registered valuer. The Tribunal addressed concerns regarding pending tax demands, with the Transferee Company assuming liabilities. The Scheme safeguarded employee conditions and stipulated the continuation of ongoing legal proceedings against the Transferee Company. Case-Laws Companies Law Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410965