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2016 (5) TMI 1396 - HC - Companies LawSanction of the Composite Scheme of Arrangement - Held that:- The Court had dispensed with the requirement of convening the meetings of the Equity Shareholders and Preference Shareholders. Similarly, the requirement of convening and holding of the meeting of the Secured Creditors was ordered to be dispensed with. This court directed the Petitioner Company to send individual notices to the Secured Creditors of the Petitioner Company. Similarly, the requirement of convening and holding of meeting of the Unsecured Creditors was ordered to be dispensed with. The petition is admitted. The same shall be posted for final hearing on 22nd June, 2016. Notice of the petition to be published in the Ahmedabad editions of the Gujarati daily newspaper “Jai Hind” and the English daily newspaper “DNA”.
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