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2008 (9) TMI 552 - HIGH COURT OF GUJARATAmalgamation - Held that:- According to the Central Government the scheme is not prejudicial to the interest of creditors, shareholders and the public and according to the Official Liquidator, the affairs of the petitioner Companies have not been conducted in a manner prejudicial to their members and the public, amalgamation would be in the interest of the Companies and their members and creditors. The scheme of amalgamation is therefore, required to be sanctioned.
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