2014 (7) TMI 1359

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..... ured creditor and in the same series the consent letter given by the unsecured creditor is also produced. Where the equity and preference shareholders as also the unsecured creditor have given the consent to the scheme and there is no secured creditor, the issue of convening of the meeting would not arise - the convening of the meeting of the equity and preference shareholders as also the secur .....

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..... ditor of the applicant company were also required to approve the scheme. 3. The certificate issued by the Chartered Accountant indicates that the applicant company has two equity shareholders and one preference shareholder and they have indicated their consent through the communication at Annexure L and M series. 4. The certificate issued by the Chartered Accountant as at Annexure-N indicate .....

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