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2016 (2) TMI 1345 - HC - Companies LawSeeking sanction of scheme of demerger - Section 391/394 of the Companies Act, 1956 - HELD THAT:- No one is opposing the scheme and the matter is non-contentious in nature - The scheme does not appear to be against the interest of the public or against the policy of the nation. The scheme is sanctioned - petition allowed.
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