https://www.taxtmi.com/caselaws?id=195035 The Court granted dispensation of the meeting of Equity Shareholders in a proposed Composite Scheme of Arrangement, as all shareholders had approved the Scheme. Separate meetings of Secured and Unsecured Creditors were ordered to be convened in Gujarat, with specific procedures outlined for notice, quorum, and reporting of results. The Court also allowed the Applicant to move the substantive petition during the High Court vacation for commercial reasons. The judgment focused on ensuring compliance with the Companies Act and procedural requirements for the Scheme of Arrangement. en-us Tue, 26 Apr 2016 00:00:00 +0530 Thu, 12 Oct 2017 08:17:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195035 The Court granted dispensation of the meeting of Equity Shareholders in a proposed Composite Scheme of Arrangement, as all shareholders had approved the Scheme. Separate meetings of Secured and Unsecured Creditors were ordered to be convened in Gujarat, with specific procedures outlined for notice, quorum, and reporting of results. The Court also allowed the Applicant to move the substantive petition during the High Court vacation for commercial reasons. The judgment focused on ensuring compliance with the Companies Act and procedural requirements for the Scheme of Arrangement. Case-Laws Companies Law Tue, 26 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195035