https://www.taxtmi.com/caselaws?id=414702 The Tribunal approved the Scheme of Amalgamation for the merger of two companies, finding it beneficial for operational synergies and cost efficiencies. The Petitioner Companies complied with all statutory requirements, addressing observations by the Regional Director satisfactorily. The Official Liquidator's report confirmed proper conduct of affairs. Consequently, the Tribunal ordered the dissolution of the First Petitioner Company without winding up, directing necessary filings and stamp duty adjudication. The Company Scheme Petition was made absolute, with the amalgamation set to take effect from 1st April 2020, ensuring full compliance with statutory procedures. en-us Mon, 01 Nov 2021 00:00:00 +0530 Mon, 15 Nov 2021 09:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414702 The Tribunal approved the Scheme of Amalgamation for the merger of two companies, finding it beneficial for operational synergies and cost efficiencies. The Petitioner Companies complied with all statutory requirements, addressing observations by the Regional Director satisfactorily. The Official Liquidator's report confirmed proper conduct of affairs. Consequently, the Tribunal ordered the dissolution of the First Petitioner Company without winding up, directing necessary filings and stamp duty adjudication. The Company Scheme Petition was made absolute, with the amalgamation set to take effect from 1st April 2020, ensuring full compliance with statutory procedures. Case-Laws Companies Law Mon, 01 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414702