https://www.taxtmi.com/caselaws?id=96711 A decree-holder who had already obtained and executed a decree before a scheme of arrangement was adopted and sanctioned could not be restrained from further execution on the basis of that scheme. The objection under section 47 of the Code of Civil Procedure, 1908 failed because the sanctioned scheme, intended to distribute available funds among depositors and creditors pro rata, did not on its terms extend to a depositor with an earlier decree. The court held that the scheme did not bar execution by such decree-holder. en-us Mon, 06 Apr 1936 00:00:00 +0530 Tue, 10 Jan 2012 15:22:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96711 A decree-holder who had already obtained and executed a decree before a scheme of arrangement was adopted and sanctioned could not be restrained from further execution on the basis of that scheme. The objection under section 47 of the Code of Civil Procedure, 1908 failed because the sanctioned scheme, intended to distribute available funds among depositors and creditors pro rata, did not on its terms extend to a depositor with an earlier decree. The court held that the scheme did not bar execution by such decree-holder. Case-Laws Companies Law Mon, 06 Apr 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96711