https://www.taxtmi.com/caselaws?id=422276 The Tribunal approved the Scheme of Arrangement between two companies, demerging the business of owning and operating Exora Business Parks into a resulting company. The objections and observations raised by the Regional Director and Registrar of Companies were addressed, leading to the approval of the Scheme, binding on all shareholders and creditors. The companies were directed to comply with statutory requirements, including tax liabilities, CSR spending, and depositing specified amounts. Compliance with relevant laws was emphasized, and formal orders were to be issued accordingly. en-us Fri, 22 Apr 2022 00:00:00 +0530 Thu, 12 May 2022 08:46:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422276 The Tribunal approved the Scheme of Arrangement between two companies, demerging the business of owning and operating Exora Business Parks into a resulting company. The objections and observations raised by the Regional Director and Registrar of Companies were addressed, leading to the approval of the Scheme, binding on all shareholders and creditors. The companies were directed to comply with statutory requirements, including tax liabilities, CSR spending, and depositing specified amounts. Compliance with relevant laws was emphasized, and formal orders were to be issued accordingly. Case-Laws Companies Law Fri, 22 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422276