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2016 (4) TMI 1266 - HC - Companies LawScheme of Arrangement - dispensing with the meeting of the Equity Shareholders, Secured and Unsecured Creditors of the Applicant Transferor Company 5 - Held that:- a. The meeting of the Equity Shareholders of the Applicant Transferor Company 5 is dispensed with, in view of the consent letters of all the Equity shareholders and Chartered Accountant’s certificate certifying the list of Equity Shareholders. b. The meeting of the Secured Creditors of the Applicant Transferor Company 5 is dispensed with, in view of the fact that there are no Secured Creditors. c. The meeting of the Unsecured Creditors of the Applicant Transferor Company 5 is dispensed with, in view of the fact that the rights and interest of the Unsecured Creditor are not affected by the proposed Scheme of Arrangement and no compromise or arrangement is offered to the Unsecured Creditors. d. Publication of notice in the Official Gazette is ordered to be dispensed with.
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