https://www.taxtmi.com/caselaws?id=298153 The Tribunal approved the proposed scheme of arrangement under Section 230(1) of the Companies Act, 2013, involving SREI Equipment Finance Ltd. (SEFL) and its creditors. SEFL was directed to hold separate meetings for Part III and Part IV creditors to consider and approve the scheme. An interim order was issued to maintain the status quo for creditors, protecting stakeholders' interests. The application was disposed of with no order as to costs. en-us Wed, 21 Oct 2020 00:00:00 +0530 Thu, 25 Nov 2021 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298153 The Tribunal approved the proposed scheme of arrangement under Section 230(1) of the Companies Act, 2013, involving SREI Equipment Finance Ltd. (SEFL) and its creditors. SEFL was directed to hold separate meetings for Part III and Part IV creditors to consider and approve the scheme. An interim order was issued to maintain the status quo for creditors, protecting stakeholders' interests. The application was disposed of with no order as to costs. Case-Laws Companies Law Wed, 21 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298153