Liberty of the Tribunal: may require affidavits and vary procedures to implement company schemes, subject to statutory limits. Rule 24 grants the Tribunal discretion to require petitions, applications, evidence, information or statements to be filed as affidavits in a manner it deems fit, and to issue directions or dispense with procedural requirements of the Rules to facilitate implementation of schemes of arrangement, compromise or restructuring, provided this does not impinge on matters expressly prescribed by the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liberty of the Tribunal: may require affidavits and vary procedures to implement company schemes, subject to statutory limits.
Rule 24 grants the Tribunal discretion to require petitions, applications, evidence, information or statements to be filed as affidavits in a manner it deems fit, and to issue directions or dispense with procedural requirements of the Rules to facilitate implementation of schemes of arrangement, compromise or restructuring, provided this does not impinge on matters expressly prescribed by the Act.
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