Supreme Court · 1994 INSC 483 · Decided 24 October 1994
Hindustan Lever Employees' Union v. Hindustan Lever Limited and Ors
- Court
- Supreme Court of India
- Citation
- 1994 INSC 483 · [1994] SUPP. 4 S.C.R. 723
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 11006/1994
- Decided
- 24 October 1994
- Bench
- A.M. AHMADI, R.M. SAHAI, S.C. SEN (3-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Companies Act
Headnote
Companies Act, 195~Sections 393 and 394-Amalgamation or merger of two companies-Approval of-Jurisdiction of Court-Expression 'Public interest'-Scope-Scheme for amalgamation between a subsidiary company C of a multi-national and an Indian based company-Objective of national economy-Exchange 1994, the Court u/s 391/394 of the · Companies Act sanctioned the Scheme of Amalgamation of the Tata Oil M_ills Company Limited (TOMCO) with the Hindustan Lever- Limited D (HLL), a subsidiary of Uni Lever, a London based multi national company. The Scheme provided for transfer and vesting
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)