https://www.taxtmi.com/caselaws?id=414342 The Scheme of Amalgamation involving multiple entities was sanctioned under Sections 230 and 232 of the Companies Act, 2013 by the Tribunal. Meetings for shareholders and creditors were dispensed with, compliance with accounting standards and procedural requirements was confirmed, objections were handled, and reports from various authorities were considered. Valuation of shares and treatment of employees post-amalgamation were addressed, leading to the approval of the Scheme with specified conditions. All assets, liabilities, and employees were transferred to the Transferee Company, subject to statutory compliance and payment obligations, with the option for interested parties to seek further directions. en-us Wed, 06 Oct 2021 00:00:00 +0530 Wed, 03 Nov 2021 09:30:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414342 The Scheme of Amalgamation involving multiple entities was sanctioned under Sections 230 and 232 of the Companies Act, 2013 by the Tribunal. Meetings for shareholders and creditors were dispensed with, compliance with accounting standards and procedural requirements was confirmed, objections were handled, and reports from various authorities were considered. Valuation of shares and treatment of employees post-amalgamation were addressed, leading to the approval of the Scheme with specified conditions. All assets, liabilities, and employees were transferred to the Transferee Company, subject to statutory compliance and payment obligations, with the option for interested parties to seek further directions. Case-Laws Companies Law Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414342