https://www.taxtmi.com/caselaws?id=415763 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving Transferor Companies and a Transferee Company. The approval was based on member and creditor consent, regulatory reports, and compliance clarifications. The Tribunal directed dissolution of Transferor Companies, asset transfer to the Transferee Company, continuation of proceedings, and employee transition. Petitioners were instructed to fulfill statutory obligations within thirty days. The petition was disposed of with operational directives, allowing interested parties to seek further guidance. Compliance with the order was mandated for all concerned parties. en-us Thu, 02 Dec 2021 00:00:00 +0530 Tue, 14 Dec 2021 08:39:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415763 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving Transferor Companies and a Transferee Company. The approval was based on member and creditor consent, regulatory reports, and compliance clarifications. The Tribunal directed dissolution of Transferor Companies, asset transfer to the Transferee Company, continuation of proceedings, and employee transition. Petitioners were instructed to fulfill statutory obligations within thirty days. The petition was disposed of with operational directives, allowing interested parties to seek further guidance. Compliance with the order was mandated for all concerned parties. Case-Laws Companies Law Thu, 02 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415763