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The High Court of Punjab and Haryana sanctioned the scheme of amalgamation of K.R. Stampings Pvt. Ltd. and Krishna Laminations Pvt. Ltd. The scheme was approved by shareholders and creditors to be effective from April 1, 1995, instead of the initially proposed date of August 31, 1994. The court allowed the petition, stating that the scheme shall operate from April 1, 1995.
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