https://www.taxtmi.com/caselaws?id=788842 Section 233(5) permits Central Government scrutiny of a fast-track merger only after objections or suggestions are received, or for another reason, and after forming an opinion that the scheme is not in public interest or in the interest of creditors; filings made without that prior opinion fall outside the statutory framework. The document also states that appellate limitation under Section 421(3) operates with a strict outer limit, so delay beyond the permissible extension cannot be condoned. Reliance on Section 15(2) of the Limitation Act was said not to override that special limitation scheme. On that reasoning, the challenge failed on maintainability and limitation. en-us Thu, 19 Mar 2026 00:00:00 +0530 Mon, 30 Mar 2026 08:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788842 Section 233(5) permits Central Government scrutiny of a fast-track merger only after objections or suggestions are received, or for another reason, and after forming an opinion that the scheme is not in public interest or in the interest of creditors; filings made without that prior opinion fall outside the statutory framework. The document also states that appellate limitation under Section 421(3) operates with a strict outer limit, so delay beyond the permissible extension cannot be condoned. Reliance on Section 15(2) of the Limitation Act was said not to override that special limitation scheme. On that reasoning, the challenge failed on maintainability and limitation. Case-Laws Companies Law Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788842