Tuesday, April 15, 2008

Deccan Aviation Equity Shareholders & Creditors To Approve Scheme Of Arrangement

Deccan Aviation Ltd has informed that pursuant to an Order of the Honble High Court of Karnataka, separate Meetings of the Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company will be held on April 17, 2008, for the purpose of considering, and if thought fit, approving, with or without modification(s), the arrangement embodied In the Composite Scheme of Arrangement between Kingfisher Airlines Ltd, Deccan Charters Ltd and Deccan Aviation Ltd.

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