https://www.taxtmi.com/caselaws?id=275452 The court granted the application for directions to convene meetings of shareholders, secured creditors, and unsecured creditors to consider and approve the proposed Scheme of Arrangement between two companies. The court provided specific directions for conducting the meetings, including quorum requirements, exemption for certain categories of creditors from convening meetings, and procedures for adjourned meetings. Notices and publication requirements were outlined, and the court emphasized conducting meetings in a fair manner. Chairpersons and Alternate Chairpersons were appointed with fixed fees for their services, and the court directed actions for the approval process of the Scheme of Arrangement. en-us Mon, 30 May 2016 00:00:00 +0530 Tue, 18 Apr 2023 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275452 The court granted the application for directions to convene meetings of shareholders, secured creditors, and unsecured creditors to consider and approve the proposed Scheme of Arrangement between two companies. The court provided specific directions for conducting the meetings, including quorum requirements, exemption for certain categories of creditors from convening meetings, and procedures for adjourned meetings. Notices and publication requirements were outlined, and the court emphasized conducting meetings in a fair manner. Chairpersons and Alternate Chairpersons were appointed with fixed fees for their services, and the court directed actions for the approval process of the Scheme of Arrangement. Case-Laws Companies Law Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275452