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of <h1>Company Seeks Approval for Compromise or Arrangement; Meeting Held with Creditors; Resolution Passed Supporting Proposal.</h1> A company, referred to as the petitioner, seeks tribunal approval for a proposed compromise or arrangement. The petition outlines the company's incorporation details, objectives, business activities, financial status, and the necessity for the arrangement. A meeting was convened as per tribunal orders to discuss the proposal with specified creditors or members. The meeting's notice was sent individually and advertised in newspapers. The meeting, chaired as directed, resulted in a resolution supporting the compromise or arrangement. The petitioner requests the tribunal to sanction the arrangement, making it binding on the relevant parties, asserting it will benefit the company.
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