Company compromise notices must be sent to statutory authorities with scheme, disclosures and a 30 day response period. Companies proposing compromises, arrangements or amalgamations must send a notice in Form CAA.3 with the scheme, explanatory statement and disclosures to specified statutory authorities; the notice is to be sent forthwith after member/creditor notice by registered post, speed post, courier or hand delivery. Authorities may make representations to the Tribunal within 30 days, with a copy to the company; failure to represent within that period is treated as no representation.
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Provisions expressly mentioned in the judgment/order text.
Company compromise notices must be sent to statutory authorities with scheme, disclosures and a 30 day response period.
Companies proposing compromises, arrangements or amalgamations must send a notice in Form CAA.3 with the scheme, explanatory statement and disclosures to specified statutory authorities; the notice is to be sent forthwith after member/creditor notice by registered post, speed post, courier or hand delivery. Authorities may make representations to the Tribunal within 30 days, with a copy to the company; failure to represent within that period is treated as no representation.
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