HC rejects creditor's objection to amalgamation scheme as there was unequivocal promise to pay off d

CL : Where some unsecured creditors of petitioner-company challenged proposed scheme of amalgamation on account of non-convening of meeting of creditors, in view of fact that debts belonging to them were doubtful and, moreover, there was unequivocal promise to pay debts if found to be true and binding on petitioner, objection raised deserved to be set aside