Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Right to apply under section 245 prescribes form, service requirements and member/depositor thresholds for initiating relief.</h1> Rule 84 prescribes the procedural requirements for applications under section 245, requiring use of a specified form and service of copies on the company, respondents and other persons as directed; this establishes mandatory filing and service obligations. It sets member-based thresholds for filing where a company has share capital by prescribing numerical or percentage minimaeither a fixed small-member count or percentage of members, and separate capital-holding thresholds for unlisted and listed companiesthereby determining eligibility to initiate relief. It also prescribes depositor thresholds by number or by deposit-holding proportion, thereby defining which depositors may file such applications.
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