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1992 (3) TMI 367 - SC - Indian LawsExtract: ....... proviso (ii) thereunder of Sub-section (5) of Section 45 of the Act and Clauses 10 and 12 of the amalgamation scheme to take the contrary view. The impugned Judgment of the High Court has, therefore to be set aside resulting in dismissal of the Writ Petition of respondent No. 1 filed in the High Court. Consequently the Appeal is allowed. No costs.
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