Corporate reconstruction applications: Tribunal may order creditor inquiries and secure dissenting creditors' debts during hearings. Rule 19 empowers the Tribunal at the hearing of an application for reconstruction or amalgamation to make orders and give directions for the proceedings, ... Summary
Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
Corporate reconstruction applications: Tribunal may order creditor inquiries and secure dissenting creditors' debts during hearings.
Rule 19 empowers the Tribunal at the hearing of an application for reconstruction or amalgamation to make orders and give directions for the proceedings, including conducting inquiries into the transferor company's creditors and securing debts and claims of dissenting creditors in a manner the Tribunal considers just and appropriate.
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