https://www.taxtmi.com/caselaws?id=103137 The appeal was allowed, and the impugned judgment was set aside. The case was remitted to the trial court for rehearing and, if necessary, for holding a meeting of different classes of unsecured creditors to obtain their consent in accordance with the law. The court emphasized the need for proper classification of creditors to ensure fair and equitable treatment, as required by Section 391 of the Companies Act. There was no order as to costs. en-us Tue, 26 Nov 1991 00:00:00 +0530 Mon, 20 Feb 2012 18:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103137 The appeal was allowed, and the impugned judgment was set aside. The case was remitted to the trial court for rehearing and, if necessary, for holding a meeting of different classes of unsecured creditors to obtain their consent in accordance with the law. The court emphasized the need for proper classification of creditors to ensure fair and equitable treatment, as required by Section 391 of the Companies Act. There was no order as to costs. Case-Laws Companies Law Tue, 26 Nov 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103137