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1997 (3) TMI 563 - HIGH COURT OF GUJARATExtract: .......are decided in favour of the transferee-company and the scheme of amalgamation proposed under the present petition is recognised by the High Court of Rajasthan. On the completion of the process of amalgamation, both the transferor-companies shall stand dissolved without winding up. The petitions, therefore, stand allowed, with no order as to costs.
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