https://www.taxtmi.com/caselaws?id=410810 The Tribunal approved the consolidation of shares and reduction of share capital by the applicant-company, emphasizing compliance with legal requirements. Minority shareholders' objections were considered, with a fair valuation of shares upheld. Procedural compliance was noted, with the Regional Director's minor observations addressed satisfactorily. To safeguard minority shareholders' interests, a trust was established for dissenting shareholders. Overall, the Tribunal found no legal flaws, ensuring protection of minority shareholders and adherence to applicable laws and regulations. en-us Tue, 13 Jul 2021 00:00:00 +0530 Sat, 20 Nov 2021 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410810 The Tribunal approved the consolidation of shares and reduction of share capital by the applicant-company, emphasizing compliance with legal requirements. Minority shareholders' objections were considered, with a fair valuation of shares upheld. Procedural compliance was noted, with the Regional Director's minor observations addressed satisfactorily. To safeguard minority shareholders' interests, a trust was established for dissenting shareholders. Overall, the Tribunal found no legal flaws, ensuring protection of minority shareholders and adherence to applicable laws and regulations. Case-Laws Companies Law Tue, 13 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410810