https://www.taxtmi.com/caselaws?id=298637 The Tribunal sanctioned the scheme of amalgamation of two companies, transferring all business, rights, and obligations to the transferee company. Meetings of secured and unsecured creditors were held, statutory requirements were complied with, and objections were resolved. No adverse observations were made by statutory authorities. The transferor company was dissolved without winding up proceedings. The scheme was deemed binding, with legal fees to be paid by the transferee company. The petition was disposed of with no costs awarded. en-us Tue, 08 Dec 2020 00:00:00 +0530 Sat, 13 Nov 2021 20:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298637 The Tribunal sanctioned the scheme of amalgamation of two companies, transferring all business, rights, and obligations to the transferee company. Meetings of secured and unsecured creditors were held, statutory requirements were complied with, and objections were resolved. No adverse observations were made by statutory authorities. The transferor company was dissolved without winding up proceedings. The scheme was deemed binding, with legal fees to be paid by the transferee company. The petition was disposed of with no costs awarded. Case-Laws Companies Law Tue, 08 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298637