https://www.taxtmi.com/caselaws?id=470358 A Scheme of Arrangement and Amalgamation may be sanctioned where shareholders unanimously approve it or provide written consent, no objections follow public notice, and the transferor companies' affairs are not prejudicial to members or public interest. The scheme addressed observations on the proposed name change, accounting treatment and board reconstitution by providing for compliance with Accounting Standard 14 and the required filing after board reconstitution. The scheme was sanctioned because it did not prejudice members' interests or public interest. en-us Fri, 15 Feb 2013 00:00:00 +0530 Fri, 24 Jul 2026 11:01:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470358 A Scheme of Arrangement and Amalgamation may be sanctioned where shareholders unanimously approve it or provide written consent, no objections follow public notice, and the transferor companies' affairs are not prejudicial to members or public interest. The scheme addressed observations on the proposed name change, accounting treatment and board reconstitution by providing for compliance with Accounting Standard 14 and the required filing after board reconstitution. The scheme was sanctioned because it did not prejudice members' interests or public interest. Case-Laws Companies Law Fri, 15 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470358