https://www.taxtmi.com/caselaws?id=416557 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013. The order outlined compliance obligations for the Petitioners, including no exemption from legal obligations post-sanction. It directed the dissolution of Transferor Companies, transfer of assets and liabilities to the Transferee Company, and employee transition provisions. The Petitioner Companies were instructed to register the order with the RoC for dissolution and consolidation purposes. The petition was disposed of accordingly, with service of the order to the relevant parties. en-us Thu, 16 Dec 2021 00:00:00 +0530 Sat, 01 Jan 2022 08:55:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416557 The Tribunal granted sanction to the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013. The order outlined compliance obligations for the Petitioners, including no exemption from legal obligations post-sanction. It directed the dissolution of Transferor Companies, transfer of assets and liabilities to the Transferee Company, and employee transition provisions. The Petitioner Companies were instructed to register the order with the RoC for dissolution and consolidation purposes. The petition was disposed of accordingly, with service of the order to the relevant parties. Case-Laws Companies Law Thu, 16 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416557