https://www.taxtmi.com/caselaws?id=104766 The court dismissed the petition seeking approval for the amalgamation between two companies under Section 394 of the Companies Act, 1956. The court found the scheme to be unfair and unreasonable, highlighting issues related to financial transactions that were not adequately explained and appeared to be unfair. As a result, the court concluded that the conditions projected were incorrect, leading to the dismissal of the petition for approval of the amalgamation. en-us Wed, 31 May 2000 00:00:00 +0530 Thu, 01 Mar 2012 12:11:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104766 The court dismissed the petition seeking approval for the amalgamation between two companies under Section 394 of the Companies Act, 1956. The court found the scheme to be unfair and unreasonable, highlighting issues related to financial transactions that were not adequately explained and appeared to be unfair. As a result, the court concluded that the conditions projected were incorrect, leading to the dismissal of the petition for approval of the amalgamation. Case-Laws Companies Law Wed, 31 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104766