https://www.taxtmi.com/caselaws?id=307808 The Scheme of Amalgamation between ERP Infrastructures Projects Private Limited and New Age Buildtech Private Limited was sanctioned under Sections 230 to 232 of the Companies Act, 2013. The Tribunal found the Scheme fair and reasonable, not violating any laws or public policy. The Transferee Company would issue fully paid-up shares to Transferor Company members in a 1:1 ratio, with an appointed date of April 1, 2021. The Petitioner Companies were directed to file the Order and Scheme with the Registrar of Companies within 30 days for effectiveness. The Tribunal granted liberty for further directions if needed. en-us Fri, 03 Dec 2021 00:00:00 +0530 Tue, 09 May 2023 21:17:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307808 The Scheme of Amalgamation between ERP Infrastructures Projects Private Limited and New Age Buildtech Private Limited was sanctioned under Sections 230 to 232 of the Companies Act, 2013. The Tribunal found the Scheme fair and reasonable, not violating any laws or public policy. The Transferee Company would issue fully paid-up shares to Transferor Company members in a 1:1 ratio, with an appointed date of April 1, 2021. The Petitioner Companies were directed to file the Order and Scheme with the Registrar of Companies within 30 days for effectiveness. The Tribunal granted liberty for further directions if needed. Case-Laws Companies Law Fri, 03 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307808