https://www.taxtmi.com/caselaws?id=421825 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, between Hesel Engineering Private Limited (Transferor Company) and Henry and Farad Private Limited (Transferee Company). The scheme was deemed fair, reasonable, and compliant with legal provisions, making it binding on all stakeholders. The Transferor Company will be merged into the Transferee Company, with all assets and liabilities transferred as a going concern. The authorized share capital of the Transferee Company will increase, and eligible shareholders will receive shares in exchange. Compliance with statutory requirements and regulatory authorities' directions was confirmed. en-us Thu, 21 Apr 2022 00:00:00 +0530 Tue, 03 May 2022 08:22:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421825 The Tribunal sanctioned the Scheme of Amalgamation under Sections 230-232 of the Companies Act, 2013, between Hesel Engineering Private Limited (Transferor Company) and Henry and Farad Private Limited (Transferee Company). The scheme was deemed fair, reasonable, and compliant with legal provisions, making it binding on all stakeholders. The Transferor Company will be merged into the Transferee Company, with all assets and liabilities transferred as a going concern. The authorized share capital of the Transferee Company will increase, and eligible shareholders will receive shares in exchange. Compliance with statutory requirements and regulatory authorities' directions was confirmed. Case-Laws Companies Law Thu, 21 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421825