https://www.taxtmi.com/caselaws?id=105284 The court found the scheme of amalgamation to be fair, reasonable, and in the interest of the shareholders. It overruled objections regarding the bona fides of the scheme, its impact on creditors, the necessity of separate class meetings, disclosure of material facts, fairness of the exchange ratio, and the qualification of the Chairman. The court approved the scheme, noting benefits in synergy, improved capital structure, and shareholder approval, including from financial institutions. The petition for sanctioning the proposed scheme of amalgamation was granted. en-us Mon, 14 Nov 1994 00:00:00 +0530 Mon, 05 Mar 2012 11:05:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105284 The court found the scheme of amalgamation to be fair, reasonable, and in the interest of the shareholders. It overruled objections regarding the bona fides of the scheme, its impact on creditors, the necessity of separate class meetings, disclosure of material facts, fairness of the exchange ratio, and the qualification of the Chairman. The court approved the scheme, noting benefits in synergy, improved capital structure, and shareholder approval, including from financial institutions. The petition for sanctioning the proposed scheme of amalgamation was granted. Case-Laws Companies Law Mon, 14 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105284