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    <title>2012 (11) TMI 967 - DELHI HIGH COURT</title>
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    <description>The court sanctioned the Scheme of Arrangement between two companies, allowing for the transfer of assets and liabilities, dissolution of the Transferor Company, and compliance with statutory requirements under the Companies Act, 1956. Approval was granted based on shareholder and creditor agreement, reports from the Regional Director, and compliance with legal provisions. The Scheme permitted the transfer of assets and liabilities without winding up and included a voluntary deposit into the Common Pool Fund of the Official Liquidator. The petition was allowed in the specified terms.</description>
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      <description>The court sanctioned the Scheme of Arrangement between two companies, allowing for the transfer of assets and liabilities, dissolution of the Transferor Company, and compliance with statutory requirements under the Companies Act, 1956. Approval was granted based on shareholder and creditor agreement, reports from the Regional Director, and compliance with legal provisions. The Scheme permitted the transfer of assets and liabilities without winding up and included a voluntary deposit into the Common Pool Fund of the Official Liquidator. The petition was allowed in the specified terms.</description>
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