Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2020 (12) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (12) TMI 761 - Tri - Companies LawSanction of Scheme of Amalgamation - Sections 230 & 232 of the Companies Act, 2013 - HELD THAT:- There appears no impediment in sanctioning the present Scheme. Consequently, sanction is hereby granted to the Scheme under section 230 to 232 of the Companies Act, 2013. The Petitioners shall however remain bound to comply with the statutory requirements in accordance with law. If there is any deficiency found or, violation committed qua any enactment, statutory rule or regulation, the sanction granted by this Tribunal to the scheme will not come in the way of action being taken, albeit, in accordance with law, against the concerned persons, directors and officials of the Petitioners. The scheme is sanctioned - application allowed.
|