9911796707
TMI Blog2008 (9) TMI 569X X X X Extracts X X X X X X X X Extracts X X X X ..... embers, secured creditor and unsecured creditors of the Company to consider scheme of compromise and Arrangement (Annexure A-19) at the premises of registered office of the company or at such place as may be determined by the Hon'ble Court. (ii)To appoint chairman to preside over the proceedings of the said meetings and to report thereon. (iii)To direct publication of notices in the Daily Statesman (in English published from New Delhi) and Daily Rajasthan Patrika (in Hindi-City Edition, Jaipur) relating to proposed meeting of members, secured creditor and unsecured creditors of the company to consider the scheme of compromise and arrangement." 2. Shree Shiva Spinners Ltd. was incorporated on July 2, 1984 as a public company limited. The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reditors i.e. Bharti Syntex Ltd. proposed to enter into agreement with the secured creditors, unsecured creditors and the members. The scheme of compromise and arrangements is enclosed as Annexure A-19 with the company application. 5. Having heard the learned counsel for the applicants and on perusal of the entire application, it is ordered that the meetings of secured creditors, unsecured creditors and members i.e. shareholders of the applicant-company for the purpose of considering and if thought fit, approving with or without modifications, the scheme of arrangement aforesaid shall be convened and held as per the following schedule : Name Date and time Place Secured creditors of the applicant-company 15-11-2008 10.30 a.m. Register ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and the same shall be settled by the Registrar of this Court. 9. Shri Virendra Dangi, Advocate Rajasthan High Court, Jaipur Bench shall be the Chairman of the meetings of the secured creditors, unsecured creditors and members (i.e., shareholders), to be held on November 15, 2008 as aforesaid. The applicant shall deposit in the Court or pay within one week from today an amount of Rs. 45,000 (Forty five thousand) towards remuneration to the chairman for presiding the meetings aforesaid. The applicants shall also bear the expense of conveyance of the Chairman for the said meeting. 10. The Chairman appointed for the meetings through applicants, do issue the advertisement and send out the notices of the meeting referred to above. 11. The quo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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