https://www.taxtmi.com/caselaws?id=420991 The Tribunal sanctioned the Scheme of Amalgamation under the Companies Act, 2013, involving three companies for the consolidation of businesses, economy of scale, and enhanced resources. The Scheme was approved by the Board of Directors, confirmed by Statutory Auditors, and deemed bona fide. After considering representations and compliance, the Tribunal approved the Scheme, directing transfer of properties, liabilities, share issuance, dissolution of Transferor Companies, and registration formalities. Interested parties were allowed to seek further directions if necessary, emphasizing completion of all requisite formalities for certified copies distribution. en-us Thu, 31 Mar 2022 00:00:00 +0530 Fri, 15 Apr 2022 08:53:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420991 The Tribunal sanctioned the Scheme of Amalgamation under the Companies Act, 2013, involving three companies for the consolidation of businesses, economy of scale, and enhanced resources. The Scheme was approved by the Board of Directors, confirmed by Statutory Auditors, and deemed bona fide. After considering representations and compliance, the Tribunal approved the Scheme, directing transfer of properties, liabilities, share issuance, dissolution of Transferor Companies, and registration formalities. Interested parties were allowed to seek further directions if necessary, emphasizing completion of all requisite formalities for certified copies distribution. Case-Laws Companies Law Thu, 31 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420991