2005 (8) TMI 399 - HC - Companies Law

Summary

The High Court of Rajasthan issued a judgment in 2005 regarding an application under sections 391(1) and 393 of the Companies Act, 1956 for dispensing with the meeting of equity shareholders and unsecured creditors of a company. The court found it appropriate to dispense with the meeting based on the information provided and stated that equity shareholders and creditors could raise objections at a later stage. The application was disposed of accordingly.