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    <title>2000 (12) TMI 871 - Supreme Court</title>
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    <description>In a scheme of arrangement, the court first considers whether meetings of shareholders and creditors should be convened, and only after their approval does the company judge examine the scheme itself. Where refusal to dispense with those meetings would make a later approval application ineffective, the company may seek directions to call the requisite meetings before moving for final approval. The text states that the impugned orders were set aside and liberty was granted to proceed in that sequence.</description>
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      <title>2000 (12) TMI 871 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=108891</link>
      <description>In a scheme of arrangement, the court first considers whether meetings of shareholders and creditors should be convened, and only after their approval does the company judge examine the scheme itself. Where refusal to dispense with those meetings would make a later approval application ineffective, the company may seek directions to call the requisite meetings before moving for final approval. The text states that the impugned orders were set aside and liberty was granted to proceed in that sequence.</description>
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