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1999 (5) TMI 485 - HIGH COURT OF KERALAExtract: .......is no reason to withhold the sanction in terms of section 391 (2). Accordingly, I order to sanction the scheme as proposed by the company and I issue an order in terms of rule 81 of the Company (Court) Rules, in tune with the scheme of arrangement. The company shall make payment to the preferential shareholders at the earliest. SCL q AUGUST 5, 1999
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