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    <title>2007 (11) TMI 403 - HIGH COURT OF ALLAHABAD</title>
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    <description>The court approved the scheme of arrangement between the transferor and transferee-companies, specifically focusing on demerging the Jindal Invest Division. Despite objections raised by the Regional Director, the court found them untenable and rejected them. With no other objections received, the court sanctioned the scheme, directing compliance with the Companies Act and ordering the filing of a certified copy of the approval order with the Registrar of Companies within 30 days.</description>
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