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of <h1>Tribunal's Power to Enforce and Modify Compromises under Companies Bill, 2011: Potential Winding Up under Section 273</h1> Clause 231 of the Companies Bill, 2011 grants the Tribunal authority to enforce compromises or arrangements sanctioned under section 230. It can supervise and direct necessary modifications for proper implementation. If the Tribunal finds the arrangement cannot be satisfactorily implemented and the company cannot pay its debts, it may order the company's winding up under section 273. These provisions also apply to companies with pre-existing orders for compromise or arrangement before the Act's commencement.
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