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2015 (11) TMI 1700 - HC - Companies LawDe-merged company seeking dispensation of meetings of shareholders, preference shareholders and unsecured creditors - Held that:- Having heard learned advocate Mr. S.P. Majmudar appearing for the applicant company and considering the consent letters of the equity and preference shareholders and unsecured creditors and considering the certificate of the Chartered Accountant annexed with the application, the meetings of the equity shareholders and unsecured creditors of the applicant company for considering the proposed Scheme of De-merger are dispensed with and so also the advertisement in the newspaper and publication in Government Gazette are dispensed with. The meeting of secured creditors shall be held on 12.12.2015 at the registered office of the applicant company. It is provided that Mr. Purshottam Gandevikar and in his absence Mr. Girish Gandevikar shall be the Chairman of the meeting and shall submit the report of the meeting to this Court. The notice of the meeting may be published in English daily, ‘Indian Express’, Baroda edition and Gujarati daily, ‘Divyabhaskar’, Baroda edition.
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