https://www.taxtmi.com/caselaws?id=261061 The court found discrepancies in the application filed under Sections 391 & 394 of the Companies Act, 1956 for a Scheme of Amalgamation involving multiple companies. Errors in applying share exchange ratios led to misrepresentation of shareholders' entitlements. Despite the companies' relationship, the court emphasized the need for accurate submissions and directed the applicants' counsel to rectify the errors within two weeks. The case was scheduled for re-notification to address the discrepancies and ensure the application's accuracy before proceeding further. en-us Fri, 13 Feb 2015 00:00:00 +0530 Thu, 23 Jul 2015 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261061 The court found discrepancies in the application filed under Sections 391 & 394 of the Companies Act, 1956 for a Scheme of Amalgamation involving multiple companies. Errors in applying share exchange ratios led to misrepresentation of shareholders' entitlements. Despite the companies' relationship, the court emphasized the need for accurate submissions and directed the applicants' counsel to rectify the errors within two weeks. The case was scheduled for re-notification to address the discrepancies and ensure the application's accuracy before proceeding further. Case-Laws Companies Law Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261061