https://www.taxtmi.com/caselaws?id=111139 The court approved the scheme of amalgamation between two private limited companies under sections 391 and 394 of the Companies Act, 1956. Shareholders and creditors of both companies had consented to the scheme, and objections were overruled regarding the share exchange ratio. The court found the amalgamation beneficial for the companies, members, and creditors, and ordered the payment of costs to the Central Government's standing counsel. en-us Mon, 28 Mar 2005 00:00:00 +0530 Fri, 20 Apr 2012 15:36:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111139 The court approved the scheme of amalgamation between two private limited companies under sections 391 and 394 of the Companies Act, 1956. Shareholders and creditors of both companies had consented to the scheme, and objections were overruled regarding the share exchange ratio. The court found the amalgamation beneficial for the companies, members, and creditors, and ordered the payment of costs to the Central Government's standing counsel. Case-Laws Companies Law Mon, 28 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111139