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    <description>The Tribunal in C.A.(CAA) No. 34/BB/2021 approved the Scheme of Arrangement proposed by the Applicant Companies. Meetings of Secured and Unsecured Creditors were convened, dispensing with meetings of Equity Shareholders. Compliance with the Companies Act, 2013 was ensured, with appointed Chairpersons and Scrutinizers for the meetings. Notices were published in specified newspapers, and reports and petitions were to be filed post-meetings. The Tribunal provided detailed directions for the process, emphasizing adherence to statutory requirements for the successful approval of the Scheme of Arrangement.</description>
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