Dabur Pharma Unsecured Creditors to approve Scheme of Arrangement
Dabur Pharma Ltd has informed BSE that by an order on the March 11, 2008 as amended on March 27, 2008 read with order dated October 17, 2003, the Hon’ble High Court of Delhi has directed that a meeting of the unsecured creditors the Company will be held May 18, 2008, for the purpose of considering and, if thought fit, approving, with or without modification(s), the proposed modification of the Scheme of Arrangement sanctioned by the Hon?ble High Court on October 17, 2003 to the extent that property bearing Plot No. 11 in ECHELON Institutional Area, Sector - 32, Gurgaon, Haryana shall be kept outside the purview of Scheme of Arrangement and stand omitted from the definition of “Demerged Undertaking” and shall not form a part of the transfer of undertaking contemplated in the said Scheme of Arrangement.
