Chembra Orchard Produce Ltd.& Ors vs Regional Director Of Co.Affairs & Anr on 4 December, 2008
In view of the aforesaid ratio laid down by the Supreme Court interpreting the purpose and object of Rule 67 of the Companies Court Rules, when this court after due application of mind and on being prima facie satisfied about the genuineness of the two companies in submitting the scheme of arrangement directs for the issuance of notices and for holding of the meetings of the equity shareholders, secured and unsecured creditors, no caveatable interest accrues to anyone including the applicants in the present case.