https://www.taxtmi.com/caselaws?id=109960 At the stage of directions under section 391(1) of the Companies Act, 1956, the Court ordinarily confines itself to convening meetings and does not adjudicate the merits of the proposed scheme, though it may refuse directions where the summons is plainly unsustainable or contrary to law. The proceeding is ex parte in form, but interested parties may be heard in appropriate cases under the Rules. Objections going to the scheme's merits are generally for creditors and shareholders at the meetings and for the sanction stage, so the summons should not be dismissed on that basis alone. en-us Thu, 24 Feb 2005 00:00:00 +0530 Fri, 13 Apr 2012 12:08:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109960 At the stage of directions under section 391(1) of the Companies Act, 1956, the Court ordinarily confines itself to convening meetings and does not adjudicate the merits of the proposed scheme, though it may refuse directions where the summons is plainly unsustainable or contrary to law. The proceeding is ex parte in form, but interested parties may be heard in appropriate cases under the Rules. Objections going to the scheme's merits are generally for creditors and shareholders at the meetings and for the sanction stage, so the summons should not be dismissed on that basis alone. Case-Laws Companies Law Thu, 24 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109960