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Companies Law - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Scheme of Amalgamation and Arrangement - no benefit is accruing ...

Case Laws     Companies Law

December 15, 2018

Scheme of Amalgamation and Arrangement - no benefit is accruing to the thousands of shareholders of APL especially the retail shares holders of the transferee company, (the shareholders of APL as on 31.03.2017 was 38075) therefore, the scheme appears to be unfair, unreasonable and is not in the public interest

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