https://www.taxtmi.com/acts?id=14213 The Court may sanction a proposed compromise or arrangement, declaring it binding on the specified class or classes of creditors or members and on the company (and its liquidator where applicable) where the requisite meeting approvals, notices, publications and chairman's reports support the proposal. The order may include directions or modifications for implementation, permit further applications for directions, and requires filing a certified copy of the sanction order with the Registrar of Companies within the prescribed period. en-us Tue, 31 May 2011 18:22:23 +0530 Wed, 01 Jun 2011 11:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14213 The Court may sanction a proposed compromise or arrangement, declaring it binding on the specified class or classes of creditors or members and on the company (and its liquidator where applicable) where the requisite meeting approvals, notices, publications and chairman's reports support the proposal. The order may include directions or modifications for implementation, permit further applications for directions, and requires filing a certified copy of the sanction order with the Registrar of Companies within the prescribed period. Act-Rules Companies Law Tue, 31 May 2011 18:22:23 +0530 https://www.taxtmi.com/acts?id=14213