https://www.taxtmi.com/caselaws?id=312265 The NCLT Chennai Bench sanctioned a scheme of amalgamation under sections 230-232 of the Companies Act, 2013. The tribunal found the scheme prima facie beneficial to the company and not detrimental to shareholders' interests. With no objections on record and all statutory compliances fulfilled, the tribunal approved the scheme of arrangement and allowed the company petition. en-us Mon, 27 Jun 2022 00:00:00 +0530 Fri, 09 Feb 2024 18:27:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=312265 The NCLT Chennai Bench sanctioned a scheme of amalgamation under sections 230-232 of the Companies Act, 2013. The tribunal found the scheme prima facie beneficial to the company and not detrimental to shareholders' interests. With no objections on record and all statutory compliances fulfilled, the tribunal approved the scheme of arrangement and allowed the company petition. Case-Laws Companies Law Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=312265