https://www.taxtmi.com/caselaws?id=273530 Section 23(3) of the MRTP Act, 1969 exempts a merger or amalgamation of interconnected undertakings from prior Central Government approval only where the undertakings are not dominant and produce the same goods. That condition was construed in its ordinary and contextual sense with the scheme of Sections 20 to 25, so the presence of some common products was not enough if the undertakings also manufactured substantially different goods. The term "undertaking" in the amalgamation context did not enlarge the exemption beyond the statutory requirement. Prior approval of the Central Government was therefore necessary before sanction of the scheme. en-us Mon, 13 Sep 1982 00:00:00 +0530 Sat, 30 Jun 2018 15:14:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273530 Section 23(3) of the MRTP Act, 1969 exempts a merger or amalgamation of interconnected undertakings from prior Central Government approval only where the undertakings are not dominant and produce the same goods. That condition was construed in its ordinary and contextual sense with the scheme of Sections 20 to 25, so the presence of some common products was not enough if the undertakings also manufactured substantially different goods. The term "undertaking" in the amalgamation context did not enlarge the exemption beyond the statutory requirement. Prior approval of the Central Government was therefore necessary before sanction of the scheme. Case-Laws Indian Laws Mon, 13 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273530