https://www.taxtmi.com/caselaws?id=411179 The Tribunal provisionally sanctioned the Scheme of Arrangement between the Demerged Company and the Resulting Company with an effective date of 1st April 2021, contingent upon compliance with all undertakings and statutory provisions. The Companies are required to deliver a certified copy of the Order and Scheme to the Registrar of Companies within thirty days. The Tribunal emphasized that the sanction does not preclude statutory authorities from initiating legal action for any prior violations of the Companies Act. Aggrieved parties retain the right to seek directions from the Tribunal. en-us Fri, 06 Aug 2021 00:00:00 +0530 Thu, 19 Aug 2021 04:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411179 The Tribunal provisionally sanctioned the Scheme of Arrangement between the Demerged Company and the Resulting Company with an effective date of 1st April 2021, contingent upon compliance with all undertakings and statutory provisions. The Companies are required to deliver a certified copy of the Order and Scheme to the Registrar of Companies within thirty days. The Tribunal emphasized that the sanction does not preclude statutory authorities from initiating legal action for any prior violations of the Companies Act. Aggrieved parties retain the right to seek directions from the Tribunal. Case-Laws Law of Competition Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411179