Flextronics Technologies India (P) Ltd., In re
Scheme of arrangement or amalgamation: Sanction of court-No reduction in share capital by virtue of amalgamation, Cash flow statement not depicting financial instability of transferee company, Sole objector having other remedies, Scheme approved-Three transferor companies were proposed to merge with the petitioner-transferee company as per a scheme of arrangement. The board of directors of the [LexDoc Id : 409936]
R.H. Patel and Ors. vs Reliance Industries Ltd.
Territorial jurisdiction-Relief claimed against transferee company-The high court, considering whether the application seeking to restrain RIL from operating or implementing office memorandum reducing superannuation a [LexDoc Id : 407160]