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2020 (2) TMI 1479 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAIApproval of Scheme for Amalgamation - sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- Since all the requisite statutory compliances have been fulfilled, the Company Scheme Petition filed by the Petitioner/ Transferor Company made absolute in terms of prayer clauses at 49 (i) of the said Petition. The Petitioner/Transferor Company and Non-Petitioner/Transferee Company are directed to file a certified copy of this order along with a copy of the Scheme with the concerned Registrar of Companies within 30 (thirty) days from the date of the receipt of this order, as per the relevant provisions of Companies Act, 2013 - A certified copy of this order along with a copy of the Scheme shall be lodged with the concerned Superintendent of Stamps for the purpose of adjudication of stamp duty payable, if any, on the same, within 60 (sixty) days from the date of receipt of this Order. The Effective Date of the scheme is the date on which the certified copies of the orders of this Tribunal sanctioning this scheme are filed with both the Registrar of Companies, Mumbai and New Delhi, whichever is later. It is clarified that for the period between the Appointed Date and the Effective Date, the business of the Petitioner/ Transferor Company shall be carried on by the Petitioner/Transferor Company in trust and for and on behalf of the Non-Petitioner/ Transferee Company - The Petitioner/Transferor Company shall be dissolved without winding-up after this Scheme becomes effective. The scheme is sanctioned - application allowed.
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