2021 (1) TMI 519

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....No. 6 (ii) of the Order dated 03.12.2020 in CA (CAA) No. 44/BB/2020 to the effect and extent of directing that the requisite meeting of the Secured Creditor of the Applicant No. 1 / Transferor Company shall he convened and held on 22.02.2020 or any such date with adequate opportunity for the Applicant Companies to adhere to the statutory timelines prescribed for sending as well as advertising notice of the said meeting; to amend/ modify paragraph No. 2(3) of the order dated 03.12.2020 in CA (CAA) No. 44/BB/2020 to the effect and extent of recording that there is 1 (one) Second Creditor in the Applicant No. 1/ Transferor Company as on 31.07.2020 etc. 2.  Briefs facts of the case, as mentioned in Application, are as follows: 1) The ma....

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.... order so as to able to send out as well advertise notice of the said meeting of Secured Creditor with a minimum advance notice of one month/ 30 days in consonance with Rules 6-7 the Companies (CAA) Rules, 2016. In addition, it is stated that the order dated 03.12.2020 records inter alia: 10.1 Paragraph No. 2 (3) - "P. Sreenivasulu & Associates, Chartered Accountants, have issued a Certificate dated 10.08.2020 by certifying that there are 2 (two) Secured Creditors in the Applicant Company No. 1 as on 31st July 2020 viz., PNB Housing Finance Limited amount due of Rs. 53,54,000/- and PNB Housing Finance Ltd., amounting to Rs. 53,53,983/-. The Applicant Company No. 1 seeks to convene the meeting of the Secured Creditors of the Applicant Comp....