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What is Dual Majority about?

The document discusses the principle of judicial non-interference in merger decisions, emphasizing that courts should respect the collective wisdom of shareholders as they are best suited to evaluate commercial interests. It highlights the dual majority requirement under the Companies Act, 2013, which mandates both a numerical and value-based majority for merger approvals, ensuring fairness and protection of minority shareholders. The document concludes that while courts maintain a supervisory role to ensur

Author

anshu.priya

Language

EN