https://www.taxtmi.com/caselaws?id=296686 The judgment ruled in favor of the Petitioner Companies, allowing for the dispensation of meetings of Equity Shareholders and Unsecured Creditors due to the consents obtained from all concerned parties. With no Secured Creditors involved, meetings for such creditors were deemed unnecessary. The filing of the Company Petition under sections 230 to 232 of the Companies Act, 2013 was upheld, emphasizing compliance with legal requirements. Requirements such as publication of hearing notices in local newspapers, serving notices on specified authorities, hosting notices on websites, filing affidavits of service, and issuing urgent certified copies of orders were all deemed essential for transparency and procedural adherence. en-us Tue, 17 Nov 2020 00:00:00 +0530 Tue, 03 Aug 2021 09:11:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296686 The judgment ruled in favor of the Petitioner Companies, allowing for the dispensation of meetings of Equity Shareholders and Unsecured Creditors due to the consents obtained from all concerned parties. With no Secured Creditors involved, meetings for such creditors were deemed unnecessary. The filing of the Company Petition under sections 230 to 232 of the Companies Act, 2013 was upheld, emphasizing compliance with legal requirements. Requirements such as publication of hearing notices in local newspapers, serving notices on specified authorities, hosting notices on websites, filing affidavits of service, and issuing urgent certified copies of orders were all deemed essential for transparency and procedural adherence. Case-Laws Insolvency and Bankruptcy Tue, 17 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296686