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    <title>1998 (1) TMI 461 - HIGH COURT OF GUJARAT</title>
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    <description>The High Court approved the scheme of amalgamation filed by Operations Research (India) Ltd. with MARG Marketing and Research Group (P.) Ltd. Shareholders and creditors, including Bank of Baroda, consented to the scheme, and no objections were raised after necessary advertisements were issued. The objections raised by the Regional Director of Company Affairs were deemed unfounded by the Court. The Court emphasized shareholders&#039; prerogative in accepting the share ratio and cited legal precedents to support its decision. The amalgamation scheme was approved, allowing the merger of the transferor company with the transferee company. (S.D. Pandit, J., March 5, 1999)</description>
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