TaxTMI 
TaxTMI 
2016 (2) TMI 1132
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.... Applicant Transferor Company by summons dated 12th February 2016, filed under Secs.391 to 394 of the companies Act, 1956, in a proposed Scheme of Amalgamation of Arvind Envisol Private Limited, the Applicant Transferor Company with Arvind Accel Limited, as proposed between the Applicant Company and its Shareholders and Creditors. 2 Smt. Swati Soparkar, advocate appears for the applicant compan....
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....ame is hereby granted. 4 It has been submitted that there are no Secured Creditors as confirmed by the certificate from the Chartered Accountant. However, the applicant has prayed to convene a meeting of the Unsecured Creditors of the company to obtain their approval to the proposed Scheme. In view of the above, the following order is passed: 5 That a meeting of the Unsecured Creditors of th....
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....prepaid letter posted under Book Post, addressed to each of the Unsecured Creditors of the Applicant Company, at their last known addresses. 7 That at least 21 clear days before the meeting to be held as aforesaid, Notice convening the said meetings indicating the day, the date, the place and time as aforesaid be published, stating that copies of the Scheme of Arrangement, the Explanatory State....
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.... meeting shall issue advertisements and send out notices of the said meeting referred to above. It is further directed, that the Chairman of the meeting shall have all powers under the Articles of Association of the Applicant Company and under the Companies (Court) Rules, 1959 in relation to conduct of meeting including an amendment to the Scheme of resolution, if any, proposed at the meeting by a....