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    Companies Law

    Court has to ensure that the scheme of arrangement was not a...

    Court Must Ensure Scheme of Arrangement u/s 391 is Genuine and Not a Disguise for Other Purposes.

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    Companies LawJuly 23, 2013Case LawsSC

    Court has to ensure that the scheme of arrangement was not a camouflage for a purpose other than the ostensible reasons U/s 391 whilst approving the scheme the Company Court does not act as a rubber stamp - SC

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