In re Samvardhana v
In re Samvardhana v [2014] 2 JLR 11 (04 June 2014)
The court held a takeover offer at twice net asset value could be fair and reasonable under article 121(5)(c), depending on the circumstances and support from shareholders and independent directors.
- Takeover-offers
- Fairness-of-offer
- Shareholder-protection
- Company-law