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2003 (10) TMI 409 - HIGH COURT OF KARNATAKAExtract: .......am of the view that sanction sought for has to be accorded. Accordingly, I pass the following order Company petition is allowed. That the scheme of arrangement as at Annexure-A is hereby sanctioned so as to be binding on the shareholders, and creditors of the petitioner and the Transferee Company. Office is directed to draw a decree in Form No. 42.
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