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Companies Law - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Compulsory amalgamation of allegedly loss making wholly owned ...


High Court Rules Amalgamation of Loss-Making Subsidiary with Profit-Making Holding Company Does Not Violate Natural Justice Principles.

December 7, 2017

Case Laws     Companies Law     HC

Compulsory amalgamation of allegedly loss making wholly owned subsidiary (NSEL) with its profit making holding company (FTIL) in public interest - Whether the impugned order was made in violation of the principles of natural justice and fair play? - Held No - HC

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