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2008 (7) TMI 586 - HIGH COURT OF RAJASTHANAmalgamation - Held that:- Affairs of the Transferor-Companies 1 to 4 have not been conducted in a manner prejudicial to the interest of the members and creditors also found nothing prejudicial to the interest of the Transferor-Companies 1 to 4 and Transferee-Company. It appears from the record that the Transferor-Companies 1 to 4 are sister concern of the Transferee-Company having common registered office at 24 Goyal House, Ajmer Road, Jaipur. In view of the fact that the Regional Director and the Official Liquidator have no objection if the Transferor-Companies 1 to 4 are amalgamated with the Transferee-Company. Thus accordingly sanction the scheme of merger as set out in the company petitions.
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