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Associated Aluminium Products (P) Limited Versus The Registrar of Companies, Mumbai

Changes in scheme sanctioned - Held that - Once a scheme is sanctioned and made effective, the changes allowed therein should be minor ones and not wholesale changes which would tamper with the essence of the scheme and if a company desires to modify a sanctioned scheme, though not necessary to do so for the proper working thereof, it is required to follow the procedure prescribed under Section 391 of the Act - It should be noted that when an order sanctioning a scheme under Section 391 of the A....... + More



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