2016 (4) TMI 1268

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....taken out by Welspun Mercantile Limited, the Applicant Transferor Company 3, for appropriate orders for dispensing with the meeting of the Equity Shareholders, Preference Shareholders, Secured and Unsecured Creditors of the Applicant Transferor Company 3 and for considering the Scheme of Arrangement,as annexed at Annexure" H" to the Application. 2. The affidavit filed in support of the Judges' ....

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.... letters are annexed at "Annexure - I (Colly)". A Certificate by the Chartered Accountant is annexed at "Annexure - J" certifying the list of Equity Shareholders. 4. It is submitted by Ms.Raval, learned advocate for the applicant, that the convening and holding the meeting of the Preference Shareholders of the Applicant Transferor Company 3 for the purpose of considering and, if thought fit, ap....

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....are no Secured Creditors. 6. It is further submitted by Ms.Raval, learned advocate for the applicant, that the convening and holding the meeting of the Unsecured Creditors of the Applicant Transferor Company 3 for the purpose of considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Arrangement be dispensed with in view of the fact that the rights an....

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....icant and considered the documents produced along with the Judges' Summons with the affidavit. The following order is passed: a. The meeting of the Equity Shareholders of the Applicant Transferor Company 3 is dispensed with, in view of the consent letters of all the Equity shareholders and Chartered Accountant's certificate certifying the list of Equity Shareholders. b. The meeti....