https://www.taxtmi.com/caselaws?id=411664 In scheme proceedings, separate meetings of secured and unsecured creditors of the transferor and transferee companies were dispensed with because the record showed creditor consent to the arrangement and later affidavits and certificates confirming compliance with the requirement that creditors holding at least ninety per cent of the value approve the scheme. On that basis, the earlier direction to convene separate meetings was treated as unnecessary and was rectified accordingly. en-us Fri, 06 Aug 2021 00:00:00 +0530 Wed, 01 Sep 2021 08:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411664 In scheme proceedings, separate meetings of secured and unsecured creditors of the transferor and transferee companies were dispensed with because the record showed creditor consent to the arrangement and later affidavits and certificates confirming compliance with the requirement that creditors holding at least ninety per cent of the value approve the scheme. On that basis, the earlier direction to convene separate meetings was treated as unnecessary and was rectified accordingly. Case-Laws Companies Law Fri, 06 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411664