Corporate News 02-Jul-11
Indiabulls Power's secured and unsecured creditors of the company approves the scheme of arrangement
On 01 July 2011
Indiabulls Power has announced that at the respective Court-convened meetings of the secured and unsecured creditors of the company, held on 01 July 2011, the secured and unsecured creditors of the company have approved the scheme of arrangement among Indiabulls Real Estate, Indiabulls Infrastructure and Power, Indiabulls Builders, Indiabulls Power, Poena Power Supply and their respective shareholders and creditors. The said scheme of arrangement is now subject to the final approval by the Hon'ble High Court of Delhi at New Delhi.
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