Condonation of refiling delay refused where repeated defects, lack of diligence and vague explanations defeated the appeal against resolution plan app...
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Approval of the scheme of compromise/arrangement - promoter directors or some of the shareholders can move application u/s 391 of the old Act when the company is in liquidation - A scheme of compromise and arrangement can be filed even when liquidation proceeding is pending but if it would be a proceeding relating to the winding up going on and the same has to be in the same forum
Approval of the scheme of compromise/arrangement - promoter directors or some of the shareholders can move application u/s 391 of the old Act when the company is in liquidation - A scheme of compromise and arrangement can be filed even when liquidation proceeding is pending but if it would be a proceeding relating to the winding up going on and the same has to be in the same forum
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