https://www.taxtmi.com/caselaws?id=301466 The Tribunal approved the Scheme of Amalgamation between two private limited companies, finding it fair, reasonable, and compliant with the law. The Scheme was made binding on shareholders, creditors, and employees, with specified directions for implementation and dissolution of the Transferor Company. The Order did not grant exemptions from stamp duty or taxes, allowing parties to seek further directions if necessary. The Scheme was sanctioned, and the petition was disposed of with instructions for compliance and implementation under the Companies Act, 2013. en-us Thu, 12 Dec 2019 00:00:00 +0530 Tue, 05 Apr 2022 21:46:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301466 The Tribunal approved the Scheme of Amalgamation between two private limited companies, finding it fair, reasonable, and compliant with the law. The Scheme was made binding on shareholders, creditors, and employees, with specified directions for implementation and dissolution of the Transferor Company. The Order did not grant exemptions from stamp duty or taxes, allowing parties to seek further directions if necessary. The Scheme was sanctioned, and the petition was disposed of with instructions for compliance and implementation under the Companies Act, 2013. Case-Laws Companies Law Thu, 12 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301466