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2009 (5) TMI 541 - HC - Companies LawCompromise and arrangement - scheme of arrangement in the nature of purchase of shares and demerger - Held that:- Considering the entire facts and circumstances of the case the court is of the view that the scheme of arrangement as proposed is in the interest of the companies and their members and hence prayers in terms of paragraph 22 in Company Petition No. 59 of 2009 and paragraph 17 of Company Petition No. 60 of 2009 are hereby granted.
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