https://www.taxtmi.com/caselaws?id=104499 The court sanctioned the scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, between Kusum Products Ltd. and Kusum Agrotech Ltd. Compliance with statutory formalities was confirmed, objections to the exchange ratio and valuation methods were dismissed, and allegations of unfairness and procedural irregularities were found unsubstantiated. The court emphasized that if a scheme is fair, reasonable, and complies with formalities, it will be sanctioned. The objections failed to prove unfairness or fraud, leading to the dismissal of objections and approval of the scheme. en-us Fri, 11 Oct 1996 00:00:00 +0530 Wed, 29 Feb 2012 12:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104499 The court sanctioned the scheme of amalgamation under sections 391 and 394 of the Companies Act, 1956, between Kusum Products Ltd. and Kusum Agrotech Ltd. Compliance with statutory formalities was confirmed, objections to the exchange ratio and valuation methods were dismissed, and allegations of unfairness and procedural irregularities were found unsubstantiated. The court emphasized that if a scheme is fair, reasonable, and complies with formalities, it will be sanctioned. The objections failed to prove unfairness or fraud, leading to the dismissal of objections and approval of the scheme. Case-Laws Companies Law Fri, 11 Oct 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104499