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    <title>2009 (3) TMI 566 - HIGH COURT OF DELHI</title>
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    <description>The court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, mandating compliance with Accounting Standard-14. The transferor company would be dissolved without being wound up upon the Scheme becoming effective, with specified payment of expenses for the Official Liquidator. The petition was disposed of, clarifying it did not exempt from any applicable payments, and ordered filing of certified copies with the Registrar of Companies, depositing the Official Liquidator&#039;s expenses in the Common Pool Fund.</description>
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      <description>The court granted sanction to the Scheme of Amalgamation under sections 391 and 394 of the Companies Act, 1956, mandating compliance with Accounting Standard-14. The transferor company would be dissolved without being wound up upon the Scheme becoming effective, with specified payment of expenses for the Official Liquidator. The petition was disposed of, clarifying it did not exempt from any applicable payments, and ordered filing of certified copies with the Registrar of Companies, depositing the Official Liquidator&#039;s expenses in the Common Pool Fund.</description>
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