https://www.taxtmi.com/acts?id=15700 If creditors do not approve the proposed scheme in the prescribed manner, the company administrator must submit a report to the Tribunal within fifteen days and the Tribunal shall order the winding up of the sick company, after which the Tribunal shall conduct the winding up proceedings in accordance with the statutory winding up framework. en-us Thu, 22 Dec 2011 17:21:03 +0530 Thu, 22 Dec 2011 17:21:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15700 If creditors do not approve the proposed scheme in the prescribed manner, the company administrator must submit a report to the Tribunal within fifteen days and the Tribunal shall order the winding up of the sick company, after which the Tribunal shall conduct the winding up proceedings in accordance with the statutory winding up framework. Act-Rules Bills Thu, 22 Dec 2011 17:21:03 +0530 https://www.taxtmi.com/acts?id=15700