Asian CERC Information Technology Ltd has informed BSE that pursuant to an order dated March 14, 2008 the Hon?ble High Court of Delhi at New Delhi, has directed that a meeting of the Equity Shareholders & Unsecured Creditors of the Company will be held on May 14, 2008, for the purpose of considering and if thought fit, approving, with or without modification(s) Scheme of Arrangement of Regius Infotech Pvt Ltd (Transferor Company / Applicant Company-I) with Asian CERC Information Technology Ltd (Transferee Company / Applicant Company-II).