https://www.taxtmi.com/caselaws?id=112023 The court sanctioned the scheme of arrangement sought by M/s. SJK Steel Plant Limited under sections 100, 391, and 392 of the Companies Act, 1956. The scheme, aimed at restructuring loans and shares to enhance financial viability, was approved by stakeholders. The Central Government's objections were dismissed, and the court found the scheme compliant with the Companies Act, 1956, with a modification. The scheme was declared binding on the company and stakeholders, with the petitioner directed to file the order and pay costs to the Central Government. en-us Tue, 04 Dec 2007 00:00:00 +0530 Thu, 18 Dec 2014 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112023 The court sanctioned the scheme of arrangement sought by M/s. SJK Steel Plant Limited under sections 100, 391, and 392 of the Companies Act, 1956. The scheme, aimed at restructuring loans and shares to enhance financial viability, was approved by stakeholders. The Central Government's objections were dismissed, and the court found the scheme compliant with the Companies Act, 1956, with a modification. The scheme was declared binding on the company and stakeholders, with the petitioner directed to file the order and pay costs to the Central Government. Case-Laws Companies Law Tue, 04 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112023