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2006 (2) TMI 629

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....>Corporate Laws<br>-<br>S.J.VAZIFDAR, J. ORDER 1. This is a Petition under section 391 of the Companies Act, 1956 seeking sanction of the Scheme. The scheme, interalia, provides for the transfer of ....

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....tor has stated in his affidavit that the scheme is not prejudicial to the interest of the Creditors and the Shareholders. 4. In the circumstances, the Petition is made absolute in terms of prayer cla....