https://www.taxtmi.com/caselaws?id=96728 A sanctioned scheme under section 153 of the Companies Act could not be modified by the Court after approval unless the altered proposal was again considered by the affected class; the proper course was appeal against the sanction order or execution proceedings on the decree. The discussion also notes the competing view on whether a depositor who becomes a decree-holder remains within the depositor class, but that point was not finally resolved in the petitioner's favour. Relief was also refused because the petition was brought after substantial delay. en-us Tue, 26 May 1936 00:00:00 +0530 Tue, 10 Jan 2012 16:18:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96728 A sanctioned scheme under section 153 of the Companies Act could not be modified by the Court after approval unless the altered proposal was again considered by the affected class; the proper course was appeal against the sanction order or execution proceedings on the decree. The discussion also notes the competing view on whether a depositor who becomes a decree-holder remains within the depositor class, but that point was not finally resolved in the petitioner's favour. Relief was also refused because the petition was brought after substantial delay. Case-Laws Companies Law Tue, 26 May 1936 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96728