TMI Blog2016 (4) TMI 1265X X X X Extracts X X X X X X X X Extracts X X X X ..... ity shareholders and Chartered Accountant’s certificate certifying the list of Equity Shareholders. b. The meeting of the Secured Creditors of the Applicant Transferor Company 6 is dispensed with, in view of the fact that there are no Secured Creditors. c. The meeting of the Unsecured Creditors of the Applicant Transferor Company 6 is dispensed with, in view of the fact that the rights and i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2. The affidavit filed in support of the Judges' Summons by Mr.Abhilash Menon, authorized signatory of the Applicant Transferor Company 6, gives the basic details of the incorporation, authorized, issued and subscribed capital as well as the Financial Statement of the Applicant Transferor Company 6. The objects are set out in the Memorandum of Association and salient features of the Propos ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... thought fit, approving, with or without modification(s), the proposed Scheme of Arrangement be dispensed with in view of the fact that there are no Secured Creditors. A Certificate by the Chartered Accountant is annexed at Annexure K certifying that there are no Secured Creditors. 5. It is further submitted by Ms.Raval, learned advocate for the applicant, that the convening and holding the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... liability of the Creditors under the Scheme being reduced or extinguished. A Certificate by the Chartered Accountant is annexed at Annexure L certifying the current status of the Unsecured Creditors. 6. This Court has heard learned counsel for the applicant and considered the documents produced along with the Judges' Summons with the affidavit. The following order is passed: a. The m ..... X X X X Extracts X X X X X X X X Extracts X X X X
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