https://www.taxtmi.com/caselaws?id=786964 Stamp duty on a composite amalgamation scheme is chargeable on the NCLT sanction order as the operative instrument, not on the underlying commercial steps. Section 5 of the Maharashtra Stamp Act cannot be used to split one composite amalgamation order into separate taxable transactions for enhanced duty. The authorities also could not assess duty on an NCLT order from Chennai merely because it was referred to in the Mumbai order, so the attempted levy on the out-of-State order was unsustainable and refund relief followed. en-us Wed, 18 Feb 2026 00:00:00 +0530 Tue, 24 Feb 2026 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786964 Stamp duty on a composite amalgamation scheme is chargeable on the NCLT sanction order as the operative instrument, not on the underlying commercial steps. Section 5 of the Maharashtra Stamp Act cannot be used to split one composite amalgamation order into separate taxable transactions for enhanced duty. The authorities also could not assess duty on an NCLT order from Chennai merely because it was referred to in the Mumbai order, so the attempted levy on the out-of-State order was unsustainable and refund relief followed. Case-Laws Companies Law Wed, 18 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786964