https://www.taxtmi.com/caselaws?id=788947 A scheme approval could not be reopened on an allegation of fraud where the scheme had already been approved by a substantial creditor majority and earlier affirmed up to the Supreme Court. The record showed that the appellant had not filed objections before the company court, and the authorities said to have been incorrectly recorded had not themselves challenged the scheme. Applying the doctrine of merger, the prior appellate affirmation remained operative, and the alleged factual mistake in recording objections was not treated as fraud sufficient to nullify the approval. The challenge was therefore rejected and the scheme approval left undisturbed. en-us Mon, 30 Mar 2026 00:00:00 +0530 Wed, 01 Apr 2026 07:51:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788947 A scheme approval could not be reopened on an allegation of fraud where the scheme had already been approved by a substantial creditor majority and earlier affirmed up to the Supreme Court. The record showed that the appellant had not filed objections before the company court, and the authorities said to have been incorrectly recorded had not themselves challenged the scheme. Applying the doctrine of merger, the prior appellate affirmation remained operative, and the alleged factual mistake in recording objections was not treated as fraud sufficient to nullify the approval. The challenge was therefore rejected and the scheme approval left undisturbed. Case-Laws Companies Law Mon, 30 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788947