https://www.taxtmi.com/caselaws?id=784411 The dominant issue was whether a scheme of amalgamation under ss. 230-232 of the Companies Act, 2013 ought to be sanctioned despite the NCLT's rejection of the second motion petition. The Appellate Tribunal held that the applicants had complied with all statutory requirements under s. 230 and that the NCLT had erroneously refused approval, particularly as no objections were raised to the scheme. Consequently, the appeal was allowed and the second motion petition was approved, with effect from the date specified before the NCLT. en-us Wed, 03 Sep 2025 00:00:00 +0530 Mon, 05 Jan 2026 08:04:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784411 The dominant issue was whether a scheme of amalgamation under ss. 230-232 of the Companies Act, 2013 ought to be sanctioned despite the NCLT's rejection of the second motion petition. The Appellate Tribunal held that the applicants had complied with all statutory requirements under s. 230 and that the NCLT had erroneously refused approval, particularly as no objections were raised to the scheme. Consequently, the appeal was allowed and the second motion petition was approved, with effect from the date specified before the NCLT. Case-Laws Companies Law Wed, 03 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784411