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2016 (3) TMI 1382 - HC - Companies Law


The Delhi High Court judgment in 2016 (3) TMI 1382 stated that meetings of all classes of entities were dispensed with, except for unsecured creditors of transferor company no.2. 77.48% of total unsecured creditors attended the meeting and voted in favor of the proposed scheme. Regional Director and Official Liquidator had no objection to sanctioning the scheme.

 

 

 

 

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