Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2016 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (3) TMI 1262 - HC - Companies LawScheme of Arrangement - dispensation of the meeting of the Equity Shareholders, Preference Shareholders, Secured and Unsecured Creditors of the Applicant Transferor Company - Held that:- a. The meeting of the Equity Shareholders of the Applicant Transferor Company is dispensed with, in view of the consent letters of all the Equity shareholders and the Chartered Accountant’s certificate, certifying the list of Equity Shareholders. b. The meeting of the Preference Shareholders of the Applicant Transferor Company is dispensed with, in view of the consent letters of all the Preference Shareholders and the Chartered Accountant’s certificate, certifying the list of Preference Shareholders. c. The meeting of the Secured Creditor of the Applicant Transferor Company is dispensed with, in view of the fact that there are no Secured Creditors of the Applicant Transferor Company. d. The meeting of the Unsecured Creditors of the Applicant Transferor Company is dispensed with, in view of the consent letters of all the Unsecured Creditors and the Chartered Accountant’s certificate certifying the list of Unsecured Creditors. e. Publication of notice in the Official Gazette is ordered to be dispensed with.
|