https://www.taxtmi.com/caselaws?id=104611 The High Court of Bombay upheld the validity of the scheme for amalgamation of three companies, dismissing all objections raised by the objector. The court found the resignation of the objector as a director valid, rejected objections regarding notice of the approval meeting, and affirmed statutory power for companies to amalgamate even without a specific clause in the Memorandum of Association. The court's decision was supported by a detailed analysis of objections and relevant legal principles, emphasizing statutory powers under the Companies Act for such arrangements. en-us Mon, 27 Apr 1998 00:00:00 +0530 Wed, 29 Feb 2012 17:06:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104611 The High Court of Bombay upheld the validity of the scheme for amalgamation of three companies, dismissing all objections raised by the objector. The court found the resignation of the objector as a director valid, rejected objections regarding notice of the approval meeting, and affirmed statutory power for companies to amalgamate even without a specific clause in the Memorandum of Association. The court's decision was supported by a detailed analysis of objections and relevant legal principles, emphasizing statutory powers under the Companies Act for such arrangements. Case-Laws Companies Law Mon, 27 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104611