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    <title>2007 (7) TMI 408 - HIGH COURT OF PUNJAB AND HARYANA</title>
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    <description>The court allowed the petition, dispensing with the need for summoning meetings of equity shareholders and secured and unsecured creditors and filing separate company applications and petitions under sections 391 and 394 of the Companies Act, 1956. The court found that the proposed amalgamation scheme did not impact the rights of the members or creditors of the transferee company and did not involve a reorganization of the capital structure, leading to the dispensation based on precedents from various High Courts.</description>
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