https://www.taxtmi.com/caselaws?id=111298 The Supreme Court allowed the appeals, set aside the judgments of the Division Bench and the Company Court, and remanded the matter to the Company Court. The Company Court was directed to reconvene a meeting of the members, creditors, etc., in terms of section 391 to consider the modifications and ensure the scheme's approval by the requisite majority. The Company Court must then scrutinize the scheme for compliance with legal requirements and public interest. The parties were directed to appear before the Company Court for further directions. en-us Fri, 24 Aug 2007 00:00:00 +0530 Wed, 12 Mar 2014 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111298 The Supreme Court allowed the appeals, set aside the judgments of the Division Bench and the Company Court, and remanded the matter to the Company Court. The Company Court was directed to reconvene a meeting of the members, creditors, etc., in terms of section 391 to consider the modifications and ensure the scheme's approval by the requisite majority. The Company Court must then scrutinize the scheme for compliance with legal requirements and public interest. The parties were directed to appear before the Company Court for further directions. Case-Laws Companies Law Fri, 24 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111298