https://www.taxtmi.com/caselaws?id=200368 The High Court determined that it had jurisdiction to sanction a scheme for a foreign government company under Section 391 of the Companies Act. Workers were granted the right to be heard in the proceedings, with the court ensuring their interests were safeguarded. The proposed scheme transferring assets to a new government company was approved as fair and protective of stakeholders' interests, with specific directions for implementation. en-us Wed, 03 May 1967 00:00:00 +0530 Tue, 27 Mar 2018 10:51:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200368 The High Court determined that it had jurisdiction to sanction a scheme for a foreign government company under Section 391 of the Companies Act. Workers were granted the right to be heard in the proceedings, with the court ensuring their interests were safeguarded. The proposed scheme transferring assets to a new government company was approved as fair and protective of stakeholders' interests, with specific directions for implementation. Case-Laws Companies Law Wed, 03 May 1967 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200368