TaxTMI 
TaxTMI 
2017 (12) TMI 1605
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....pplicants in (CAA)-114(ND)/2017 in relation to the Scheme of Amalgamation as contemplated between the Applicants. Perusal of the Application shows that while this Tribunal had dispensed with the meetings of equity shareholders and unsecured creditors of all the three Applicant Companies as well as secured creditors of the second and third Applicant Companies under the circumstances stated therein had directed the Applicant Company-I to convene the meeting of Secured Creditors on 24th November, 2017 under the chairmanship of Mr. Rajiv Kumar, Advocate and Mr. Man Sumer Singh, Advocate appointed as Alternate Chairperson as well as Scrutinizer for the above said meeting. The Applicants aver in the Application that notices of the meetings were d....
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....ch Pvt. Ltd. and in the circumstances submits that the Application may be ordered as prayed for. 2. This Tribunal has considered the plea of the Applicants. It is seen from the averments made in the Application as also the report of the independent Chairperson appointed to chair the meeting, that the Applicants had complied with the directions of this Tribunal in calling the meeting as well as in relation to the convening of the said meeting of Secured Creditors by Applicant Company No. l on the date fixed by this Tribunal. However, in view of the absence of any Secured Creditors, the meeting was not able to be held. It is also evident from the report of the Chairperson dated 24.11.2017 as well as averred in the Application that Small Indu....