Amalgamation No order to be made by High Court for dissolution of transferor company unless official liquidator makes report to the effect that affairs of company have not been conducted in a manner prejudicial to interests of its members

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Full Text of the Document

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....algamation ‑ No order to be made by High Court for dissolution of transferor company unless official liquidator makes report to the effect that affairs of company have not been conducted in a manner prejudicial to interests of its members It was expected by the Department that the Regional Directors would bring to the notice of the High Courts the provisions contained in second proviso to s....