https://www.taxtmi.com/caselaws?id=112672 The court ordered separate meetings of members, secured creditors, and unsecured creditors to consider a revised scheme of compromise and arrangement for Shree Shiva Spinners Ltd., a company under liquidation. The applicants, promoters and directors of the company, aimed to settle outstanding dues with Bharti Syntex Ltd. The court directed the meetings be convened, advertisements published, and notices sent to creditors. Proxy voting was allowed, and a Chairman appointed to oversee the process. The Chairman was tasked with reporting the meeting results to the court. The court disposed of the application, ensuring a structured process for the scheme's consideration. en-us Fri, 26 Sep 2008 00:00:00 +0530 Thu, 27 Nov 2014 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112672 The court ordered separate meetings of members, secured creditors, and unsecured creditors to consider a revised scheme of compromise and arrangement for Shree Shiva Spinners Ltd., a company under liquidation. The applicants, promoters and directors of the company, aimed to settle outstanding dues with Bharti Syntex Ltd. The court directed the meetings be convened, advertisements published, and notices sent to creditors. Proxy voting was allowed, and a Chairman appointed to oversee the process. The Chairman was tasked with reporting the meeting results to the court. The court disposed of the application, ensuring a structured process for the scheme's consideration. Case-Laws Companies Law Fri, 26 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112672