Scheme of amalgamation --Sanction of court--Closely held family companies--Dispute regarding removal and appointment of directors and change in shareholding pattern pending before Company Law Board--Documents filed by company contrary to each other--Whether petition presented by legally authorised director depends upon outcome of proceedings before Company Law Board--Petition presented in order to overcome any order of Company Law Board--Companies withholding material facts and misleading court--Scheme not to be approved till matter is disposed of by Company Law Board--Companies Act, 1956, ss. 391, 394--Nu-Line India P. Ltd. , In re (HP) .
