https://www.taxtmi.com/caselaws?id=221739 The court sanctioned the Scheme of Compromise and Arrangement for the revival of Thapar Agro Mills Ltd. (TAML) with modifications. The Scheme, approved by over 90% of stakeholders, aims to benefit all parties involved and is in the public interest. The court directed TAML to file an affidavit committing to payment obligations and clearing statutory dues. The Official Liquidator was instructed to release remaining funds and transfer asset possession to the Propounders, leading to the closure of the relevant petitions. en-us Wed, 20 Mar 2013 00:00:00 +0530 Thu, 28 Mar 2013 11:48:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221739 The court sanctioned the Scheme of Compromise and Arrangement for the revival of Thapar Agro Mills Ltd. (TAML) with modifications. The Scheme, approved by over 90% of stakeholders, aims to benefit all parties involved and is in the public interest. The court directed TAML to file an affidavit committing to payment obligations and clearing statutory dues. The Official Liquidator was instructed to release remaining funds and transfer asset possession to the Propounders, leading to the closure of the relevant petitions. Case-Laws Companies Law Wed, 20 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221739