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2020 (12) TMI 818 - NATIONAL COMPANY LAW TRIBUNAL , MUMBAI BENCHApproval of Scheme of Amalgamation - Sections 230 to 232, and other applicable 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 policy - Since all the requisite statutory compliances have been fulfilled, Company Petition is made absolute in terms of the prayer clauses (a) to (e) in the said Company Petition. The Scheme is hereby sanctioned, with the Appointed Date fixed as 1st April, 2019. The Transferor Companies be dissolved without winding up - Application allowed.
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