https://www.taxtmi.com/caselaws?id=267384 The court approved the proposed composite scheme of arrangement between the transferor and transferee companies, dismissing objections raised by minority shareholders regarding the valuation of shares. The court found no serious anomalies in the valuation report and no evidence of bias or conflict of interest involving the appointed Valuer. The scheme was deemed compliant with the Companies Act and not prejudicial to stakeholders, leading to its approval and the dismissal of objectors' applications. Petitioners were instructed to register the order with the Registrar of Companies and undertake necessary actions. en-us Mon, 02 Mar 2015 00:00:00 +0530 Wed, 28 Oct 2015 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267384 The court approved the proposed composite scheme of arrangement between the transferor and transferee companies, dismissing objections raised by minority shareholders regarding the valuation of shares. The court found no serious anomalies in the valuation report and no evidence of bias or conflict of interest involving the appointed Valuer. The scheme was deemed compliant with the Companies Act and not prejudicial to stakeholders, leading to its approval and the dismissal of objectors' applications. Petitioners were instructed to register the order with the Registrar of Companies and undertake necessary actions. Case-Laws Companies Law Mon, 02 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267384