https://www.taxtmi.com/caselaws?id=312108 The NCLT Mumbai Bench sanctioned an amalgamation scheme under Sections 230-232 of the Companies Act, 2013. The Tribunal found the scheme fair, reasonable, and compliant with legal provisions and public policy. With no opposition from concerned parties and all statutory requirements fulfilled, the scheme was approved. The transferor and transferee companies were ordered to pay costs of Rs. 25,000 each to the Regional Director, Western Region, Mumbai, with the transferor company paying an additional Rs. 25,000 to the Official Liquidator, HC Bombay. en-us Thu, 07 Dec 2017 00:00:00 +0530 Thu, 01 Feb 2024 18:24:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312108 The NCLT Mumbai Bench sanctioned an amalgamation scheme under Sections 230-232 of the Companies Act, 2013. The Tribunal found the scheme fair, reasonable, and compliant with legal provisions and public policy. With no opposition from concerned parties and all statutory requirements fulfilled, the scheme was approved. The transferor and transferee companies were ordered to pay costs of Rs. 25,000 each to the Regional Director, Western Region, Mumbai, with the transferor company paying an additional Rs. 25,000 to the Official Liquidator, HC Bombay. Case-Laws Companies Law Thu, 07 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312108