Amalgamation Scheme Criticized for Ignoring Benefits to APL's 38,075 Shareholders; Deemed Unfair and Against Public Interest.

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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