https://www.taxtmi.com/caselaws?id=100234 After a scheme of amalgamation had been approved in the statutory meetings under section 391(2) of the Companies Act, 1956, the Court noted that the petition was already ready for sanction and that shareholders could not, on the facts, use a requisitioned meeting to require withdrawal of the pending sanction petition. The text records that shareholders would have an opportunity to object when the scheme was heard for sanction, and that authorities on requisitioned meetings under section 169(1) were inapplicable because the board had not refused to call a meeting. The requisitioned meeting was therefore not allowed to proceed for the purpose of withdrawing the scheme petition and was adjourned sine die pending final disposal. en-us Fri, 09 Jul 1982 00:00:00 +0530 Tue, 31 Jan 2012 16:41:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100234 After a scheme of amalgamation had been approved in the statutory meetings under section 391(2) of the Companies Act, 1956, the Court noted that the petition was already ready for sanction and that shareholders could not, on the facts, use a requisitioned meeting to require withdrawal of the pending sanction petition. The text records that shareholders would have an opportunity to object when the scheme was heard for sanction, and that authorities on requisitioned meetings under section 169(1) were inapplicable because the board had not refused to call a meeting. The requisitioned meeting was therefore not allowed to proceed for the purpose of withdrawing the scheme petition and was adjourned sine die pending final disposal. Case-Laws Companies Law Fri, 09 Jul 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100234