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2005 (7) TMI 374 - HIGH COURT OF KARNATAKAExtract: .......s binding on the transferor company, their shareholders and creditors (ii)The transferor company shall stand dissolved without there being an order of winding up. (iii)Office is directed to draw up a decree in Form No. 42. (iv)The transferor company is directed to serve a copy of this order on the Registrar of Companies in Karnataka within 30 days.
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