https://www.taxtmi.com/caselaws?id=195376 The court granted dispensation from convening meetings of Equity Shareholders and Preference Shareholders due to their unanimous approval through written consent letters. Separate meetings for Secured and Unsecured Creditors were ordered to consider and approve the proposed Composite Scheme of Arrangement. Notice and publication requirements were mandated, and the Chairman was appointed to conduct the creditor meetings. Quorum and voting procedures were established, allowing voting by proxy. The Chairman was directed to report the meeting results to the Court within 14 days, leading to the disposal of the application and completion of legal proceedings related to the scheme of arrangement. en-us Mon, 02 Nov 2015 00:00:00 +0530 Sat, 28 Oct 2017 10:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195376 The court granted dispensation from convening meetings of Equity Shareholders and Preference Shareholders due to their unanimous approval through written consent letters. Separate meetings for Secured and Unsecured Creditors were ordered to consider and approve the proposed Composite Scheme of Arrangement. Notice and publication requirements were mandated, and the Chairman was appointed to conduct the creditor meetings. Quorum and voting procedures were established, allowing voting by proxy. The Chairman was directed to report the meeting results to the Court within 14 days, leading to the disposal of the application and completion of legal proceedings related to the scheme of arrangement. Case-Laws Companies Law Mon, 02 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195376