https://www.taxtmi.com/caselaws?id=108506 The appeal by the Management of Harihar Polyfibres was allowed, setting aside the order of the learned single Judge and dismissing the Writ Petition No. 25799 of 1991. The Court held that the decision to wind up and subsequently amalgamate Karnataka Pulpwood Limited with Karnataka Forest Development Corporation Limited was a policy decision taken after due deliberation and was not arbitrary or against public interest. The Court also reaffirmed the limited scope of judicial review in such policy matters. en-us Wed, 12 Mar 2003 00:00:00 +0530 Sat, 31 Mar 2012 18:45:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108506 The appeal by the Management of Harihar Polyfibres was allowed, setting aside the order of the learned single Judge and dismissing the Writ Petition No. 25799 of 1991. The Court held that the decision to wind up and subsequently amalgamate Karnataka Pulpwood Limited with Karnataka Forest Development Corporation Limited was a policy decision taken after due deliberation and was not arbitrary or against public interest. The Court also reaffirmed the limited scope of judicial review in such policy matters. Case-Laws Companies Law Wed, 12 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108506