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2019 (5) TMI 1840 - NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCHSanction of Scheme of Amalgamation - section 230 to 232 of the Companies Act, 2013 r/w the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - HELD THAT:- Considering the facts and circumstances of the case and on perusal of the Scheme, the documents produced on record, Report of the RD and Report of the OL and various affidavit filed by the Petitioner Companies, it appears that the requirement of provisions of sections 230 to 232 of the Companies Act, 2013, are satisfied. The Scheme appears to be genuine and bona fide and in the interest of the Shareholders and Creditors. The scheme is sanctioned.
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