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Dinesh Vrajlal Lakhani vs Parke Davis (India) Ltd. on 23 July, 2003

42. The intervenor then submitted that though it is true that 99.99% in value had approved the scheme of amalgamation, the requisite majority of number of shareholders had not been obtained. He submitted that a judgment of the Division Bench of this Court in Dinesh Vrajlal Lakhani v. Parke Davis (India) Ltd. was incorrect and that he desired to challenge the same. The Division Bench held as under:-
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