https://www.taxtmi.com/caselaws?id=421762 The Tribunal approved and sanctioned the Scheme of Amalgamation involving multiple companies, transferring assets, liabilities, and obligations to the Transferee Company. Compliance with statutory requirements and accounting standards was confirmed, addressing objections from the Regional Director. Procedural formalities for the transfer were outlined, including the issuance of shares to shareholders and filing with the Registrar of Companies. The Scheme was deemed genuine and beneficial to all parties involved, leading to the disposal of the Company Petition. en-us Thu, 21 Apr 2022 00:00:00 +0530 Sat, 30 Apr 2022 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421762 The Tribunal approved and sanctioned the Scheme of Amalgamation involving multiple companies, transferring assets, liabilities, and obligations to the Transferee Company. Compliance with statutory requirements and accounting standards was confirmed, addressing objections from the Regional Director. Procedural formalities for the transfer were outlined, including the issuance of shares to shareholders and filing with the Registrar of Companies. The Scheme was deemed genuine and beneficial to all parties involved, leading to the disposal of the Company Petition. Case-Laws Companies Law Thu, 21 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421762