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2016 (8) TMI 1584 - HC - Companies LawSeeking sanction of Scheme of Amalgamation of two Transferor Companies - section 391 to 394 of the Companies Act, 1956 - HELD THAT:- The observations made by the Regional Director, Ministry of Corporate Affairs, do not survive - the present scheme of amalgamation is in the interest of its shareholders and creditors as well as in the public interest and the same deserves to be sanctioned. The Scheme is hereby sanctioned. Petition allowed.
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