Disposed
Hdo Technologies Limited Vs
Bombay HCCSD/137/2012
Case brief
AI extract
What is this about?
The Court dispensed with the convening of meetings for equity shareholders, secured creditors, and unsecured creditors to approve a scheme of arrangement due to existing written consents. The applicant undertook and was accepted in issuing individual notices and publishing newspaper notices.
What did the court decide?
Directions dispensed with to convene meetings of shareholders/creditors; exempted from holding meeting of unsecured creditors; applicant to serve notices and publish in newspapers.