https://www.taxtmi.com/caselaws?id=413988 The Tribunal confirmed the maintainability of the joint second motion application under the Companies Act, 2013. Compliance with procedural requirements, consideration of objections, determination of the share exchange ratio, protection of the Income Tax Department's interests, impact on employees, and final approval of the Scheme of Amalgamation were addressed. The Scheme was approved, binding on all shareholders and creditors, with the Transferor Company to be dissolved without winding up, and all assets and liabilities transferred to the Transferee Company. Compliance with statutory requirements and protection of the revenue department's interests were ensured. en-us Wed, 06 Oct 2021 00:00:00 +0530 Tue, 26 Oct 2021 09:00:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413988 The Tribunal confirmed the maintainability of the joint second motion application under the Companies Act, 2013. Compliance with procedural requirements, consideration of objections, determination of the share exchange ratio, protection of the Income Tax Department's interests, impact on employees, and final approval of the Scheme of Amalgamation were addressed. The Scheme was approved, binding on all shareholders and creditors, with the Transferor Company to be dissolved without winding up, and all assets and liabilities transferred to the Transferee Company. Compliance with statutory requirements and protection of the revenue department's interests were ensured. Case-Laws Companies Law Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413988