The majority shareholders of Priya Ltd., after approving the scheme of amalgamation with Ash Ltd., approached the Board of directors of Priya Ltd. with
a request to withdraw the petition filed by the company seeking court’s confirmation. Advise the Board of directors on the course of action to be followed.
a request to withdraw the petition filed by the company seeking court’s confirmation. Advise the Board of directors on the course of action to be followed.
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