https://www.taxtmi.com/caselaws?id=285930 The court sanctioned the scheme of compromise under Section 391(2) read with Section 394 of the Companies Act, 1956, subject to certain conditions, including the outcome of pending suits and necessary government approvals. The scheme was found to be in the interest of creditors and feasible for the company's revival. en-us Fri, 15 Jul 2005 00:00:00 +0530 Mon, 03 Feb 2020 17:28:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285930 The court sanctioned the scheme of compromise under Section 391(2) read with Section 394 of the Companies Act, 1956, subject to certain conditions, including the outcome of pending suits and necessary government approvals. The scheme was found to be in the interest of creditors and feasible for the company's revival. Case-Laws Companies Law Fri, 15 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285930