THE HON'BLE Ms. JUSTICE G.ROHINI COMPANY APPLICATION Nos. 1493 and 1494 OF 2010 Dated: 01.02.2011 Between: Gulf Oil Corporation Limited ..... Applicant THE HON’BLE Ms. JUSTICE G. ROHINI COMPANY APPLICATION Nos. 1493 and 1494 OF 2010 COMMON ORDER : These two applications have been filed under Sections 391 to 394 of the Companies Act, 1956 by Gulf Oil Corporation Limited to convene the meeting of its shareholders and also the unsecured creditors for the purpose of considering the proposed scheme of arrangement between the applicant company and IDL Explosives Limited. This Court by separate orders dated 22.12.2010 directed convening of the meeting of the shareholders as well as the unsecured creditors on 21.01.2011. For the purpose of the meeting of the shareholders Sri Veera Swamy Raju Boyina, a practising advocate was appointed as Chairman and for the purpose of meeting of the unsecured creditors Sri G.V.Sravan Kumar, a practising advocate of this Court was appointed as Chairman. Having conducted the meetings in terms of the directions of this Court, Sri Veera Swamy Raju Boyina and Sri G.V.Sravan Kumar, Chairmen of the respective meetings filed their reports stating that the scheme of arrangement was approved by the requisite majority in the meetings. Having perused the said reports as well as the documents enclosed, the same are taken on record and both the Company Applications are accordingly disposed of. No costs. ___________ G. ROHINI, J Date : 01.02.2011 Ivd