2009 (7) TMI 1243

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.... equity shareholders and the secured creditors and it is also prayed for dispensation of the meeting of the unsecured creditors for considering the scheme of arrangement between Vodafone Essar Gujarat Ltd. and Vodafone Essar Infrastructure Ltd. The scheme is produced at Annexure - A. 2. Mr. Joshi with Mr. Panchal, learned counsel for the applicant has placed on record the certificate of the Chart....

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.... consents of all the equity shareholders as well as of all secured creditors of the company are on record and the same are stated to have been verified by the C.A., who has certified in support of the same, the meeting of the equity shareholders as well as of the secured creditors for considering the scheme of arrangement would not be required to be held. Hence, the meeting of the equity sharehold....

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..... Therefore, he submitted that the meeting of unsecured creditors may also be dispensed with. He submitted that the scheme of demerger is on account of the recent policy of the Government of India for Mobile Service Provider Companies and since the demerger is in relation to the other companies of the group of the applicant, the matter was also moved before the Delhi High Court in Company Applicat....