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    <title>1999 (3) TMI 483 - HIGH COURT OF KARNATAKA</title>
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    <description>Sanction of a corporate amalgamation was approved after finding statutory meeting and notice requirements met and shareholder approval obtained; independent expert valuations were prepared using established methodologies and affirmed on review, and the court declined to reassess those valuations or to refer valuation to a regulatory body as an inappropriate forum. Objections asserting alternative statutory procedures or applicability of Rule 85 were rejected as inapplicable to the simple amalgamation. The court applied the limited judicial role requiring assessment of fairness and propriety of the commercial package and sanctioned the proposed scheme.</description>
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