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2011 (3) TMI 1469 - HIGH COURT OF HIMACHAL PRADESHAmalgamation - transferee company, seeking an order for amalgamation and a declaration to effect that it was binding on both transferee-company and transferor company and also on their respective shareholders and creditors - Reply affidavit was filed by Regional Director, Ministry of Corporate Affairs, pursuant to section 394A - Official Liquidator also submitted his reply affidavit wherein it was stated that transferee company would continue to exist and there would be no dissolution of company consequent to sanction of scheme – Held that:- In such circumstances, it was only transferor company which was being dissolved and amalgamated with petitioner. petition seeking sanction of scheme of amalgamation was to be allowed with a direction to petitioner that it would comply with all statutory requirements in accordance with law
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