https://www.taxtmi.com/caselaws?id=109109 The Court approved the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956 between two companies, finding it beneficial for both companies, shareholders, and employees. The scheme received necessary consents, no objections were raised, and all legal formalities were complied with. The Court highlighted limited judicial review unless the scheme is unfair, unreasonable, contrary to law, or public policy. With endorsements from competent authorities and no objections, the Court allowed the Company Petition, emphasizing the significance of adhering to legal procedures and respecting decisions of stakeholders involved in the process. en-us Tue, 27 Apr 2004 00:00:00 +0530 Thu, 05 Apr 2012 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109109 The Court approved the Scheme of Amalgamation under sections 391 to 394 of the Companies Act, 1956 between two companies, finding it beneficial for both companies, shareholders, and employees. The scheme received necessary consents, no objections were raised, and all legal formalities were complied with. The Court highlighted limited judicial review unless the scheme is unfair, unreasonable, contrary to law, or public policy. With endorsements from competent authorities and no objections, the Court allowed the Company Petition, emphasizing the significance of adhering to legal procedures and respecting decisions of stakeholders involved in the process. Case-Laws Companies Law Tue, 27 Apr 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109109