https://www.taxtmi.com/caselaws?id=112398 The Court upheld the valuation method based on book value as acceptable for the scheme of amalgamation between the two companies. The judgment sanctioned the scheme under sections 391(2) and 394 of the Companies Act, leading to the dissolution of the transferor company without winding up. The Court emphasized the technical nature of asset and share valuation, granting approval for the merger to proceed. The order required public notification within 30 days and allowed interested parties to seek further directions if needed. en-us Thu, 18 Jan 2007 00:00:00 +0530 Mon, 15 Jun 2015 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112398 The Court upheld the valuation method based on book value as acceptable for the scheme of amalgamation between the two companies. The judgment sanctioned the scheme under sections 391(2) and 394 of the Companies Act, leading to the dissolution of the transferor company without winding up. The Court emphasized the technical nature of asset and share valuation, granting approval for the merger to proceed. The order required public notification within 30 days and allowed interested parties to seek further directions if needed. Case-Laws Companies Law Thu, 18 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112398