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2020 (11) TMI 293 - Tri - Companies LawApproval of Amalgamation Scheme - sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme of Amalgamation appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to public policy - Since all the requisite statutory compliances have been fulfilled, the Company Scheme Petitions are made absolute. The Transferee Company to file a copy of this Order duly certified by the Deputy/Assistant Registrar of this Tribunal along with a copy of the Scheme with the concerned Superintendent of Stamps for the purpose of adjudication of stamp duty, if any, payable on the same, within 60 (sixty) days from the date of receipt of the Order - The Petitioner Companies are directed to file a copy of this Order alongwith a copy of the Scheme of Amalgamation with the concerned Registrar of Companies, electronically in E-Form INC 28 in addition to the physical copy, as per relevant provisions of the Companies Act, 2013. The Scheme is sanctioned and Appointed Date is fixed as 1st April 2018 - Application allowed.
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