In Company Application No. 1511 of 2016, the applicant sought to dispense with meeting of secured creditors during amalgamation proceedings. The court observed no secured creditors existed and approved the scheme.
Dispensed with the meeting of secured creditors as none exist.
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HONOURABLE SRI JUSTICE A.RAMALINGESWARA RAO
COMPANY APPLICATION No.1511 of 2016
ORDER:
This application is filed by the applicant company seeking to dispense with the meeting of the secured creditors as there are no secured creditors. The terms of such amalgamation are filed along with the application and it is stated that the members have consented for the scheme of amalgamation.
In the circumstances, the Company Application is ordered.
______________________________
A.RAMALINGESWARA RAO, J
07-11-2016
Gsn
Applicant Company
A. Ramalingeswara Rao
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
