https://www.taxtmi.com/caselaws?id=415174 The Scheme of Amalgamation between three companies was approved by the Tribunal, aiming to optimize resources, achieve synergies, and simplify the corporate structure. Compliance with statutory requirements and accounting standards was confirmed, with no pending proceedings against the Petitioners. Shareholding changes were disclosed, and necessary notices were served to authorities. The Tribunal found the Scheme fair and reasonable, binding from 1st April 2020, with Transferor Companies' assets and liabilities transferring to the Transferee Company. The case was disposed of without costs, pending compliance with formalities. en-us Mon, 15 Nov 2021 00:00:00 +0530 Mon, 29 Nov 2021 08:58:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415174 The Scheme of Amalgamation between three companies was approved by the Tribunal, aiming to optimize resources, achieve synergies, and simplify the corporate structure. Compliance with statutory requirements and accounting standards was confirmed, with no pending proceedings against the Petitioners. Shareholding changes were disclosed, and necessary notices were served to authorities. The Tribunal found the Scheme fair and reasonable, binding from 1st April 2020, with Transferor Companies' assets and liabilities transferring to the Transferee Company. The case was disposed of without costs, pending compliance with formalities. Case-Laws Companies Law Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415174