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2015 (12) TMI 1705 - PUNJAB AND HARYANA HIGH COURTScheme of Amalgamation - Held that:- As proposed Scheme of Amalgamation is for the benefit of both the companies and their shareholders. The proposed scheme will not adversely affect the rights of any of the creditors of the petitioner companies in any manner whatsoever. In this view of the aforesaid factual matrix, when all the equity shareholders, secured and unsecured creditors of both the companies have consented to the Scheme of Amalgamation, convening of their meetings are ordered to be dispensed with.
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