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2022 (2) TMI 565 - AT - Companies LawSeeking to withdraw the Scheme of Amalgamation proposed by the First Respondent with its creditors - Rule 11 of National Company Law Appellate Tribunal Rules, 2016 - HELD THAT:- The ‘Scheme’ stands rejected by majority of the creditors of the First Respondent and the said Company is also undergoing Insolvency proceedings, the relief prayed for in the present Application, be allowed. Application allowed.
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