https://www.taxtmi.com/caselaws?id=420474 The Tribunal sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company, making it binding on both companies, their shareholders, and creditors from the Appointed Date of April 1, 2020. The Scheme was approved unanimously by the respective Board of Directors and complied with statutory requirements, accounting standards, payment of fees and stamp duty, shareholding validity, transfer of properties and rights, continuation of legal proceedings, employee engagement, share issuance, and filing with the Registrar of Companies. Upon compliance with formalities, the Transferor Company would be dissolved upon registration. en-us Thu, 24 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420474 The Tribunal sanctioned the Scheme of Amalgamation between the Transferor Company and the Transferee Company, making it binding on both companies, their shareholders, and creditors from the Appointed Date of April 1, 2020. The Scheme was approved unanimously by the respective Board of Directors and complied with statutory requirements, accounting standards, payment of fees and stamp duty, shareholding validity, transfer of properties and rights, continuation of legal proceedings, employee engagement, share issuance, and filing with the Registrar of Companies. Upon compliance with formalities, the Transferor Company would be dissolved upon registration. Case-Laws Companies Law Thu, 24 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420474