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    <title>2016 (11) TMI 1507 - DELHI HIGH COURT</title>
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    <description>The Court granted sanction for a scheme of arrangement in a second motion petition. Notice was served to the Official Liquidator, Registrar of Companies, and Central Government through the Regional Director. The Official Liquidator and Regional Director were directed to file their response/report within specified timelines. The petitioner was instructed to publish a notice of the hearing in newspapers and on websites as per regulations. The judgment emphasized procedural compliance and transparency in the sanctioning process, highlighting the importance of serving notice, timely responses, and publication of hearing notices.</description>
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      <description>The Court granted sanction for a scheme of arrangement in a second motion petition. Notice was served to the Official Liquidator, Registrar of Companies, and Central Government through the Regional Director. The Official Liquidator and Regional Director were directed to file their response/report within specified timelines. The petitioner was instructed to publish a notice of the hearing in newspapers and on websites as per regulations. The judgment emphasized procedural compliance and transparency in the sanctioning process, highlighting the importance of serving notice, timely responses, and publication of hearing notices.</description>
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