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2001 (2) TMI 924 - HIGH COURT OF ALLAHABADExtract: .......to this petition and doth hereby declare the same to be binding on the shareholders of the transferee-company lsquo Rajratan Castings (P.) Ltd. rsquo This sanction shall be subject to, and shall take effect only if and after, sanction is accorded to the arrangement by the Calcutta High Court in respect of each and all the five transferee-companies.
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