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2016 (1) TMI 1327 - HC - Companies LawScheme of Arrangement, in the nature of Demerger - Held that:- Considering the submissions advanced on behalf of the applicant, dispensation is sought from the procedure prescribed under Section 101(2) of the Companies Act, 1956 and under Rule 46 to 65 of the Companies (Court) Rules 1959 and the same is hereby granted.
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