https://www.taxtmi.com/caselaws?id=101483 Sanction for a proposed amalgamation scheme was found appropriate where more than three-fourths of the shareholders present approved the arrangement, and the share exchange ratio had been fixed by chartered accountants. The objections raised did not establish that the ratio was unfair or that the scheme was prejudicial to the public interest or to the interests of shareholders. On that basis, the scheme of amalgamation was sanctioned. en-us Fri, 10 Apr 1987 00:00:00 +0530 Thu, 09 Feb 2012 18:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101483 Sanction for a proposed amalgamation scheme was found appropriate where more than three-fourths of the shareholders present approved the arrangement, and the share exchange ratio had been fixed by chartered accountants. The objections raised did not establish that the ratio was unfair or that the scheme was prejudicial to the public interest or to the interests of shareholders. On that basis, the scheme of amalgamation was sanctioned. Case-Laws Companies Law Fri, 10 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101483