https://www.taxtmi.com/caselaws?id=421118 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, following approvals by members and creditors. Despite objections raised by the Regional Director, the scheme was approved with reminders for compliance with legal obligations. Post-sanction orders included the dissolution of the transferor company, transfer of assets to the transferee company, employee transitions, and specified timelines for completion. The order emphasized compliance with statutory requirements, clarified non-exemption from duties, and allowed interested parties to seek further directions if needed. en-us Mon, 28 Mar 2022 00:00:00 +0530 Mon, 18 Apr 2022 08:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421118 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230 and 232 of the Companies Act, 2013, following approvals by members and creditors. Despite objections raised by the Regional Director, the scheme was approved with reminders for compliance with legal obligations. Post-sanction orders included the dissolution of the transferor company, transfer of assets to the transferee company, employee transitions, and specified timelines for completion. The order emphasized compliance with statutory requirements, clarified non-exemption from duties, and allowed interested parties to seek further directions if needed. Case-Laws Companies Law Mon, 28 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421118