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2015 (12) TMI 1724 - HC - Companies LawScheme of arrangement - directions issued pertaining to the meeting of the Secured Creditors - Held that:- The meeting of Secured Creditors could not be held and all the Secured Creditors instead of attending the meeting have given their consent in writing, in approval of the Scheme of Arrangement. In the facts and circumstances, the directions contained to the extent of holding and convening the meeting of the Secured Creditors are directed to be omitted. Further, in view of the fact that all the Secured Creditors have given their consent, in writing, in approval of the Scheme, the meeting of the Secured Creditors is ordered to be dispensed with.
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