https://www.taxtmi.com/caselaws?id=217123 The appeal was allowed in part, and the scheme was sanctioned with modifications. The effective date of conversion should be post-merger, and the discounted value must be the best possible one beneficial to the minority shareholders. The application for sanction of the scheme was allowed with consequential reliefs, and the appeal was disposed of without any order as to costs. en-us Mon, 10 Sep 2012 00:00:00 +0530 Wed, 13 Feb 2013 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217123 The appeal was allowed in part, and the scheme was sanctioned with modifications. The effective date of conversion should be post-merger, and the discounted value must be the best possible one beneficial to the minority shareholders. The application for sanction of the scheme was allowed with consequential reliefs, and the appeal was disposed of without any order as to costs. Case-Laws Companies Law Mon, 10 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217123