Court has to ensure that the scheme of arrangement was not a ...
Court Must Ensure Scheme of Arrangement u/s 391 is Genuine and Not a Disguise for Other Purposes.
July 23, 2013
Case Laws Companies Law SC
Court has to ensure that the scheme of arrangement was not a camouflage for a purpose other than the ostensible reasons U/s 391 whilst approving the scheme the Company Court does not act as a rubber stamp - SC
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