https://www.taxtmi.com/caselaws?id=420544 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230(6) and 232(3) of the Companies Act, 2013, involving multiple companies with Planet Commodities Private Limited as the Transferee Company. The Scheme aimed to consolidate business activities, restructure capital, achieve economies of scale, and streamline management and finances. All properties, rights, liabilities, and proceedings were transferred to the Transferee Company, and the Transferor Companies were dissolved. The Tribunal directed compliance with statutory provisions, and the Company Petition was disposed of accordingly. en-us Mon, 21 Mar 2022 00:00:00 +0530 Tue, 05 Apr 2022 09:07:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420544 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230(6) and 232(3) of the Companies Act, 2013, involving multiple companies with Planet Commodities Private Limited as the Transferee Company. The Scheme aimed to consolidate business activities, restructure capital, achieve economies of scale, and streamline management and finances. All properties, rights, liabilities, and proceedings were transferred to the Transferee Company, and the Transferor Companies were dissolved. The Tribunal directed compliance with statutory provisions, and the Company Petition was disposed of accordingly. Case-Laws Companies Law Mon, 21 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420544