https://www.taxtmi.com/caselaws?id=108005 At the summons stage of a scheme of arrangement, an ex parte order directing convening of meetings will be recalled only for clear jurisdictional error, fraud, patent illegality, or comparable misrepresentation; allegations of misclassification of creditors, suppression of facts, and lack of bona fides were not enough, and the recall request was rejected. Creditors are to be grouped as one class unless their rights are so dissimilar that they cannot consult together with a view to their common interest; on the record, the offshore foreign-currency lenders did not establish a distinct homogeneous class requiring a separate meeting, so no separate meeting was directed. en-us Mon, 09 Jul 2001 00:00:00 +0530 Wed, 28 Mar 2012 12:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108005 At the summons stage of a scheme of arrangement, an ex parte order directing convening of meetings will be recalled only for clear jurisdictional error, fraud, patent illegality, or comparable misrepresentation; allegations of misclassification of creditors, suppression of facts, and lack of bona fides were not enough, and the recall request was rejected. Creditors are to be grouped as one class unless their rights are so dissimilar that they cannot consult together with a view to their common interest; on the record, the offshore foreign-currency lenders did not establish a distinct homogeneous class requiring a separate meeting, so no separate meeting was directed. Case-Laws Companies Law Mon, 09 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108005