https://www.taxtmi.com/caselaws?id=777293 A status quo order made in contempt proceedings bound only the parties to those proceedings and did not, by itself, create a disclosure obligation that would vitiate an amalgamation under Section 230 of the Companies Act, 2013. The transferor and transferee companies were not parties to the underlying contempt matter, and non-disclosure of that order was not treated as suppression of a material fact affecting the scheme. The objector also failed to meet the statutory shareholding or debt threshold required to raise objections, so it lacked locus to intervene. In the absence of any statutory violation or material suppression, the sanction of the amalgamation scheme was not interfered with. en-us Wed, 06 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 12:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777293 A status quo order made in contempt proceedings bound only the parties to those proceedings and did not, by itself, create a disclosure obligation that would vitiate an amalgamation under Section 230 of the Companies Act, 2013. The transferor and transferee companies were not parties to the underlying contempt matter, and non-disclosure of that order was not treated as suppression of a material fact affecting the scheme. The objector also failed to meet the statutory shareholding or debt threshold required to raise objections, so it lacked locus to intervene. In the absence of any statutory violation or material suppression, the sanction of the amalgamation scheme was not interfered with. Case-Laws Companies Law Wed, 06 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777293