Creditor could not be heard as he didn’t attend meeting or raise objections to scheme of arrangement

CL : Where public notice had been published in press, inviting objections to Scheme of Arrangement of demerger of respondent companies, however, appellant claiming to be a creditor in terms of an arbitral award being passed in its favour did not attend meetings or raise objections, could not have been subsequently heard

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000183143/creditor-could-not-be-heard-as-he-didn’t-attend-meeting-or-raise-objections-to-scheme-of-arrangement.aspx