Bombay High Court Dismisses Appeal Against Sanction of Scheme of Arrangement Under Sections 391 and 394 of Companies Act, 1956 — Scheme Already Implemented, Appeal Devoid of Merit. The court held that once a scheme of arrangement is implemented, an appeal against the sanction order is not maintainable, and the appellant's remedy lies in separate arbitration proceedings.
15 Oct 2013The appeal was filed by Laxmi Pat Surana against the judgment and order of the learned Company Judge dated 1 March 2013, which sanctioned a scheme of ...




