High Court Conditionally Approves Amalgamation Scheme Under Companies Act, Despite Tax Evasion Concerns and Information Suppression Allegations.

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....Application for scheme of amalgamation under Section 394 of the Companies Act,1956 - Evading capital gains tax - Evading income tax - The Regional Director prays that the Petitions ought to be dismissed on the ground of suppression alone - Amalgamation approved conditionally - HC....