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1997 (5) TMI 346 - HIGH COURT OF RAJASTHANExtract: .......een the date of application to the Court and the effective date. 15.Nothing in this scheme contained shall effect the right of the credi- tors of the transferor-company or the transferee-company, nor any charge, lien or security created by the transferor-company or the transferee-company on their respective properties and assets. SCL q AUGUST, 1997
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