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7. When the application along with the proposed scheme was presented before the learned Judge he considered the question whether this Court had jurisdiction to entertain the application and recorded his opinion that the Court had the jurisdiction. An order was made directing that separate meetings of creditors and share-holders be held on 18th and 25th July 1948, respectively, at the time and place specified in it; that Mr. S.S. Dhavan should preside over the meeting of the creditors and Mr. Manohar Lal Bagai to preside over the meeting of the share-holders and that notices of the meetings together with a printed copy of the scheme be issued, served and published in the manner laid down in the order. The notices, which were accompanied by proxy forms, were duly issued, served and published.