2011 (8) TMI 1283 - HC - Companies Law

Summary

Issues involved: Correction of errors in the original order dated 28.07.2011 regarding the involvement of secured creditors in Company Application No.393 of 2011.

Details of the Judgment:

1. The original applicant sought correction in the order dated 28.07.2011, specifically regarding the inclusion of the words "as well as the creditors" in para 8.3 on page 12, which was deemed unnecessary as the application was by the Transferee Company and notice to secured creditors was not required.

2. The court directed the deletion of the words "as well as the creditors" in para 8.3 on page 12 of the order, and instructed the office to make the necessary correction and issue a fresh certified copy if needed.

3. A similar request was made regarding sub para (e) on page 14, where the words "and the creditors" were mistakenly included. The court, after considering the submissions, granted the request and directed the deletion of those words from sub para (e) on page 14.

4. The court further clarified that the word "scheme" in the third line on page 14 should be substituted with "proceedings" to accurately reflect the intended meaning of the sentence.

5. Finally, the speaking to minutes note was disposed of accordingly, concluding the matter of correcting errors in the original order dated 28.07.2011.