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    <title>1999 (12) TMI 754 - HIGH COURT OF GUJARAT</title>
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    <description>The Court sanctioned the scheme of amalgamation involving several companies, subject to a modification in the allotment of preference shares. Shareholders&#039; objections were dismissed, and the scheme was deemed fair and reasonable, benefiting all stakeholders. The Court directed the petitioners to file the order with the Registrar of Companies within 30 days and ordered the dissolution of the transferor companies upon filing. Additionally, the petitioners were instructed to pay costs to the objectors and the Central Government&#039;s counsel.</description>
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    <pubDate>Mon, 06 Dec 1999 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=105038</link>
      <description>The Court sanctioned the scheme of amalgamation involving several companies, subject to a modification in the allotment of preference shares. Shareholders&#039; objections were dismissed, and the scheme was deemed fair and reasonable, benefiting all stakeholders. The Court directed the petitioners to file the order with the Registrar of Companies within 30 days and ordered the dissolution of the transferor companies upon filing. Additionally, the petitioners were instructed to pay costs to the objectors and the Central Government&#039;s counsel.</description>
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      <pubDate>Mon, 06 Dec 1999 00:00:00 +0530</pubDate>
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