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2019 (11) TMI 1654 - Tri - Companies LawScheme of arrangement - seeking dispensation of meetings of unsecured creditors of Applicant Company No.4 and equity shareholders, secured and unsecured creditors of Applicant Company - Sections 230-232 of the Companies Act, 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - HELD THAT:- This Tribunal declined to dispense with the convening of the meetings of the unsecured creditors of Applicant Company No.4 and equity shareholders, secured and unsecured creditors of Applicant Company. Directions regarding holding and convening of various meetings issued - directions regarding issuance of various notices also issued. The scheme is approved - application allowed.
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