Corporation Bank gets HC nod for merger

Corporation Bank has received approval from the Karnataka High Court for the merger of CorpBank Homes Ltd with itself. In a filing on the Bombay Stock Exchange, Mangalore based Corporation Bank said the scheme of amalgamation of Corpbank Homes with the bank had been approved by High Court vide its order dated August 11, 2006. The order had been filed with the registrar of companies at Bangalore on October 4 and the amalgamation is also effected from the same date