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2018 (8) TMI 2052 - Tri - Companies LawSeeking sanction to the Scheme of Arrangement - Sections 230 and other relevant provisions of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to public interest or public policy - Since all the requisite statutory compliances have been fulfilled, Transfer Company Scheme Petition filed by the Petitioner Company is made absolute. The scheme is approved, subject to conditions imposed - application allowed.
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