TMI Blog2006 (2) TMI 629X X X X Extracts X X X X X X X X Extracts X X X X ..... a Petition under section 391 of the Companies Act, 1956 seeking sanction of the Scheme. The scheme, interalia, provides for the transfer of certain properties of the company and for the reduction of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... prejudicial to the interest of the Creditors and the Shareholders. 4. In the circumstances, the Petition is made absolute in terms of prayer clause (a). 5. Costs of the Regional Director is fixe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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