https://www.taxtmi.com/caselaws?id=261096 The court addressed discrepancies in the share exchange ratio and lack of clarity in a joint application under Sections 391 to 394 of the Companies Act, 1956 for a Scheme of Amalgamation. The matter was reserved for further examination, with the court directing clarification on the ratio and valuation basis discrepancies within two weeks. The absence of a supporting Board Resolution from the holding company for the scheme's consents was noted, requiring resolution before the next review date. en-us Fri, 13 Feb 2015 00:00:00 +0530 Thu, 23 Jul 2015 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261096 The court addressed discrepancies in the share exchange ratio and lack of clarity in a joint application under Sections 391 to 394 of the Companies Act, 1956 for a Scheme of Amalgamation. The matter was reserved for further examination, with the court directing clarification on the ratio and valuation basis discrepancies within two weeks. The absence of a supporting Board Resolution from the holding company for the scheme's consents was noted, requiring resolution before the next review date. Case-Laws Companies Law Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261096