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2020 (6) TMI 764 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAISanction of scheme of merger (By Absorption) - Sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme of Merger appears to be fair, reasonable and is not violative to any provisions of law nor is contrary to public interest - Since all the requisite statutory compliances have been fulfilled, petition is made absolute in terms of prayer of the said Company Scheme Petition. The Scheme is hereby sanctioned, with the Appointed Date fixed as 01 April 2018. The Transferor Company be dissolved without winding up - Petitioner Company is directed to file a copy of this order along with a copy of the Scheme with the concerned Registrar of Companies, electronically in e-FormINC-28, in addition to physical copy, within 30 days from the date of receipt of the Order duly certified by the Deputy/Assistant Registrar of this Tribunal. Application allowed.
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