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1976 (4) TMI 134 - HIGH COURT OF GUJARATExtract: .......ly of my further inquiry as to the 92 per cent, rate of capitalisation adopted by M/s. S. V. Ghatalia and Co., chartered accountants, I am of the opinion that the exchange ratio as proposed in the scheme of amalgamation appears to be reasonable. In view of this additional report, therefore, the objection of the official liquidator no more survives.
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