https://www.taxtmi.com/caselaws?id=194920 The High Court of Gujarat approved the Composite Scheme of Arrangement between two companies and their stakeholders. Meetings of Equity Shareholders, Preference Shareholders, and Secured Creditors were dispensed with as they consented to the scheme. Unsecured Creditors' meetings were waived due to no sacrifices required from them. The court ordered the petition's admission, scheduled a final hearing, mandated publication in specified newspapers, notified the Central Government, permitted direct service, and dispensed with notice in the Government Gazette. en-us Fri, 05 Aug 2016 00:00:00 +0530 Fri, 06 Oct 2017 06:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194920 The High Court of Gujarat approved the Composite Scheme of Arrangement between two companies and their stakeholders. Meetings of Equity Shareholders, Preference Shareholders, and Secured Creditors were dispensed with as they consented to the scheme. Unsecured Creditors' meetings were waived due to no sacrifices required from them. The court ordered the petition's admission, scheduled a final hearing, mandated publication in specified newspapers, notified the Central Government, permitted direct service, and dispensed with notice in the Government Gazette. Case-Laws Companies Law Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194920