Scheme of compromise notice: regulators may submit representations to Tribunal within prescribed period; absence deemed no objection. Form CAA.3 requires sending notice and a copy of the proposed scheme of compromise or arrangement to specified central government and regulatory ... Summary
Scheme of compromise notice: regulators may submit representations to Tribunal within prescribed period; absence deemed no objection.
Form CAA.3 requires sending notice and a copy of the proposed scheme of compromise or arrangement to specified central government and regulatory authorities when the Tribunal orders a meeting under section 230; recipients may make representations to the Tribunal within the prescribed period and should copy any representation to the company, and absence of representation within that period will be presumed to indicate no objection.
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