https://www.taxtmi.com/caselaws?id=310359 The National Company Law Tribunal, Mumbai, approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two companies with a third entity. The Tribunal found the scheme to be fair and compliant with legal standards, addressing concerns related to accounting, taxation, and real estate regulations. The Regional Director's report supported the scheme's non-prejudicial nature to shareholders and the public. The Tribunal directed the Petitioner Companies to file necessary documents and pay costs to authorities, ensuring statutory compliance and public interest protection. en-us Thu, 14 Sep 2017 00:00:00 +0530 Fri, 20 Oct 2023 10:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310359 The National Company Law Tribunal, Mumbai, approved the Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013, involving the merger of two companies with a third entity. The Tribunal found the scheme to be fair and compliant with legal standards, addressing concerns related to accounting, taxation, and real estate regulations. The Regional Director's report supported the scheme's non-prejudicial nature to shareholders and the public. The Tribunal directed the Petitioner Companies to file necessary documents and pay costs to authorities, ensuring statutory compliance and public interest protection. Case-Laws Companies Law Thu, 14 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310359