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Case Name : Speed line Agencies Vs. T. Stanes & Co. Ltd. (Supreme Court of India)
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The business of the erstwhile company will be continued to be carried by the amalgamated company; if the amalgamated company is deprived of the said benefit, it will frustrate the very purpose of amalgamation and defeat the order of amalgamation passed by the High Court exercising jurisdiction under the Companies Act. SUPREME COURT OF INDIA Speed line Agencies Vs. T. Stanes & Co. Ltd. Civil Appeal No. of 2010 (Arising out of S.L.P.(Civil) No. 29478 of 2009, DECIDED ON May 14, 2010 JUDGMENT P. Sathasivam, J. 1) Leave granted. 2) This appeal is directed against the final ju...
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