https://www.taxtmi.com/caselaws?id=417769 The Tribunal approved the Scheme of Amalgamation, citing reasons such as reducing managerial overlaps, enhancing efficiency, and creating value for stakeholders. Compliance with statutory requirements and accounting standards was confirmed, and objections from statutory authorities were addressed. Property, rights, and liabilities were transferred to the Transferee Company, legal proceedings were to continue, shares were to be issued, and filing requirements post-amalgamation were outlined. The Scheme was sanctioned with effect from 1st April 2020, and parties were directed to comply with post-amalgamation formalities. en-us Thu, 06 Jan 2022 00:00:00 +0530 Tue, 01 Feb 2022 08:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417769 The Tribunal approved the Scheme of Amalgamation, citing reasons such as reducing managerial overlaps, enhancing efficiency, and creating value for stakeholders. Compliance with statutory requirements and accounting standards was confirmed, and objections from statutory authorities were addressed. Property, rights, and liabilities were transferred to the Transferee Company, legal proceedings were to continue, shares were to be issued, and filing requirements post-amalgamation were outlined. The Scheme was sanctioned with effect from 1st April 2020, and parties were directed to comply with post-amalgamation formalities. Case-Laws Companies Law Thu, 06 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417769