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2022 (4) TMI 82 - Tri - Companies LawSanction of Scheme of Amalgamation - Section 230-232 and Section 66 of Companies Act, 2013 and other applicable provisions of the Act read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - HELD THAT:- The Scheme contemplated between the petitioner companies, appears to be prima facie in compliance with all the requirements stipulated under the relevant Sections of Companies Act, 2013. In the absence of any objections and since all the requisite statutory compliance have been fulfilled, this Tribunal sanctions the Scheme of Amalgamation appended as Annexure “A-1” with the company petition. The scheme is approved - application allowed.
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