https://www.taxtmi.com/caselaws?id=408592 The Tribunal granted relief by dispensing with the meetings of Equity Shareholders and Secured Creditors, while directing the convening of the Unsecured Creditors' meetings. Specific directions were given for the Unsecured Creditors' meetings, including appointment of Chairperson and Scrutinizer, fixing venue, time, quorum, and publication of meeting notices. The Chairperson and Scrutinizer were directed to follow all provisions of the Companies Act, 2013 and Rules in convening the meetings. Reports were to be filed with the Tribunal within two weeks after the meetings, followed by the Applicant Companies filing necessary petitions for sanction of the Scheme. en-us Thu, 22 Apr 2021 00:00:00 +0530 Wed, 16 Jun 2021 10:36:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408592 The Tribunal granted relief by dispensing with the meetings of Equity Shareholders and Secured Creditors, while directing the convening of the Unsecured Creditors' meetings. Specific directions were given for the Unsecured Creditors' meetings, including appointment of Chairperson and Scrutinizer, fixing venue, time, quorum, and publication of meeting notices. The Chairperson and Scrutinizer were directed to follow all provisions of the Companies Act, 2013 and Rules in convening the meetings. Reports were to be filed with the Tribunal within two weeks after the meetings, followed by the Applicant Companies filing necessary petitions for sanction of the Scheme. Case-Laws Companies Law Thu, 22 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408592