https://www.taxtmi.com/caselaws?id=99384 The court rejected the petitions for sanctioning the scheme of amalgamation as it was primarily aimed at tax avoidance, contrary to public interest. The court emphasized its duty to scrutinize such schemes vigilantly and not act as a mere rubber stamp. en-us Mon, 31 Jan 1977 00:00:00 +0530 Thu, 07 Dec 2017 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99384 The court rejected the petitions for sanctioning the scheme of amalgamation as it was primarily aimed at tax avoidance, contrary to public interest. The court emphasized its duty to scrutinize such schemes vigilantly and not act as a mere rubber stamp. Case-Laws Companies Law Mon, 31 Jan 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99384