https://www.taxtmi.com/caselaws?id=112346 The court sanctioned the scheme of amalgamation involving three companies, approving the issuance of shares in the transferee company to shareholders of the transferor companies. Objections raised by a shareholder regarding the valuation report and swap ratio were dismissed, with the court finding no substantial evidence to support the claims. It was determined that all statutory requirements were met, and the scheme was not contrary to public policy. The court ordered the scheme to proceed and allowed interested parties to seek further directions if needed. en-us Fri, 10 Mar 2006 00:00:00 +0530 Fri, 27 Apr 2012 17:11:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112346 The court sanctioned the scheme of amalgamation involving three companies, approving the issuance of shares in the transferee company to shareholders of the transferor companies. Objections raised by a shareholder regarding the valuation report and swap ratio were dismissed, with the court finding no substantial evidence to support the claims. It was determined that all statutory requirements were met, and the scheme was not contrary to public policy. The court ordered the scheme to proceed and allowed interested parties to seek further directions if needed. Case-Laws Companies Law Fri, 10 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112346