https://www.taxtmi.com/caselaws?id=106257 The court approved the scheme of amalgamation between two companies, dismissing objections to the exchange ratio. The judgment emphasized the significance of professional valuation and shareholder consensus, citing precedent that court intervention is unnecessary if valuation is expert-led and accepted by shareholders. The scheme, transferring assets and properties per the Companies Act, 1956, was deemed beneficial to stakeholders without prejudicing any party, leading to its sanction by the court. Legal counsels' remuneration was also determined in the process. en-us Mon, 21 Apr 1997 00:00:00 +0530 Tue, 13 Mar 2012 14:34:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106257 The court approved the scheme of amalgamation between two companies, dismissing objections to the exchange ratio. The judgment emphasized the significance of professional valuation and shareholder consensus, citing precedent that court intervention is unnecessary if valuation is expert-led and accepted by shareholders. The scheme, transferring assets and properties per the Companies Act, 1956, was deemed beneficial to stakeholders without prejudicing any party, leading to its sanction by the court. Legal counsels' remuneration was also determined in the process. Case-Laws Companies Law Mon, 21 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106257