https://www.taxtmi.com/caselaws?id=97529 The court found material defects in the presented scheme of arrangement, determining that members were not fairly represented at the meeting and asset valuation was unsubstantiated. A new meeting was ordered for reconsideration after expert valuation, scheduled for July 13, 1957, with specific procedural instructions. Fairness and reasonableness for all stakeholders were emphasized, highlighting the need for a scheme in their best interests. en-us Fri, 26 Apr 1957 00:00:00 +0530 Tue, 17 Jan 2012 11:32:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97529 The court found material defects in the presented scheme of arrangement, determining that members were not fairly represented at the meeting and asset valuation was unsubstantiated. A new meeting was ordered for reconsideration after expert valuation, scheduled for July 13, 1957, with specific procedural instructions. Fairness and reasonableness for all stakeholders were emphasized, highlighting the need for a scheme in their best interests. Case-Laws Companies Law Fri, 26 Apr 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97529