https://www.taxtmi.com/caselaws?id=416474 The Tribunal sanctioned the Proposed Scheme of Amalgamation between two companies, dispensing with the need for meetings of Equity Shareholders and Creditors. Directions were given for notices to sectorial regulators, and the transfer of properties, rights, and liabilities was approved. The exchange ratio of shares was fixed at 760:1000, based on a valuation report. The companies complied with legal requirements and verified documents. The Tribunal allowed the application, dispensed with meetings, issued relevant notices, and disposed of the petition, subject to compliance with specified directions. en-us Fri, 17 Dec 2021 00:00:00 +0530 Thu, 30 Dec 2021 08:31:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416474 The Tribunal sanctioned the Proposed Scheme of Amalgamation between two companies, dispensing with the need for meetings of Equity Shareholders and Creditors. Directions were given for notices to sectorial regulators, and the transfer of properties, rights, and liabilities was approved. The exchange ratio of shares was fixed at 760:1000, based on a valuation report. The companies complied with legal requirements and verified documents. The Tribunal allowed the application, dispensed with meetings, issued relevant notices, and disposed of the petition, subject to compliance with specified directions. Case-Laws Companies Law Fri, 17 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416474