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Companies Law - Highlights / Catch Notes

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Scheme of Amalgamation - only one unsecured creditor voted ...


High Court Rules Objector Lacks Legal Standing to Challenge Amalgamation Scheme; Only One Unsecured Creditor Opposed It.

June 1, 2013

Case Laws     Companies Law     HC

Scheme of Amalgamation - only one unsecured creditor voted against it - as objector he has no locus standi to raise objections on the basis that he is shareholder or as a creditor - HC

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