2016 (2) TMI 1127

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....reholders and Creditors. 2. Heard Mrs.Swati Soparkar, learned advocate for the applicant Company. Submissions are made (i) praying for dispensation of the meeting of the Equity Shareholders of the applicant Company; and (ii) seeking directions for convening separate meetings of the Secured Creditors and Unsecured Creditors of the applicant Company. 3. It has been submitted that all the Equity Shareholders of the applicant Company have approved the Scheme in form of the written consent letters. All these consent letters are annexed with the application as Exhibit' D'. The certificate confirming the status of the Shareholders as well as the receipt of consent letters from all of them is annexed as Exhibit' E'. In view of....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....red Creditors and Unsecured Creditors with their names and addresses shall be placed on record by the applicant Company. A certificate shall be obtained from the Postal Department confirming the total number of dispatches so made. (iii) That at least 21 clear days before the meetings to be held as aforesaid, Notice convening the said meetings, indicating the day, the date, the place and the time as aforesaid be published, stating that copies of the Scheme of Arrangement, the Explanatory Statement required to be furnished pursuant to Section 393 of the Companies Act, 1956 and Form of Proxy can be obtained free of charge at the Registered Office of the applicant Company and/or its Advocate's Office, that is, 301, Shivalik10, Opp.....