Transport Corp Equity Shareholders Creditors To Approve Scheme Of Arrangement (29-Jun-2010)
Transport Corporation of India Ltd has informed that by an order made on June 02, 2010 the Honble High Court of Andhra Pradesh at Hyderabad has directed that separate meetings of the Equity shareholders, Secured Creditors & Unsecured Creditors of the transferor Company (Transport Corporation of India Ltd) be held on July 10, 2010 for the purpose of considering and, if thought fit, approving, with or without modification(s) the proposed scheme of arrangement between M/s. Transport Corporation of India Ltd. and M/s. TCI Developers Limited and their Respective Shareholders and Creditors.
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