https://www.taxtmi.com/caselaws?id=98460 The court dismissed objections raised by the Central Government, finding them without merit. The amalgamation was deemed beneficial for both companies and their shareholders. With the Ministry of Finance's approval and unanimous shareholder support, the court sanctioned the amalgamation under Section 394 of the Companies Act, 1956, emphasizing the importance of respecting decisions made by shareholders. en-us Fri, 22 Sep 1967 00:00:00 +0530 Fri, 20 Jan 2012 17:06:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98460 The court dismissed objections raised by the Central Government, finding them without merit. The amalgamation was deemed beneficial for both companies and their shareholders. With the Ministry of Finance's approval and unanimous shareholder support, the court sanctioned the amalgamation under Section 394 of the Companies Act, 1956, emphasizing the importance of respecting decisions made by shareholders. Case-Laws Companies Law Fri, 22 Sep 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98460