https://www.taxtmi.com/article/detailed?id=12901 A compromise, arrangement and amalgamation are corporate restructuring mechanisms enabling reorganisation of share capital, assets, liabilities or membership without winding up. Applications may be filed by the company, any creditor or member, or a liquidator and must follow prescribed forms and disclosures including the scheme, affidavit, auditor reports, valuation by a registered valuer, creditor consent statements for debt restructuring, and safeguards for other creditors. The tribunal may order meetings, determine classes, fix procedures and appointment of officers, and require reporting to supervise and facilitate sanctioning. en-us Wed, 04 Sep 2024 18:59:25 +0530 Wed, 04 Sep 2024 18:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12901 A compromise, arrangement and amalgamation are corporate restructuring mechanisms enabling reorganisation of share capital, assets, liabilities or membership without winding up. Applications may be filed by the company, any creditor or member, or a liquidator and must follow prescribed forms and disclosures including the scheme, affidavit, auditor reports, valuation by a registered valuer, creditor consent statements for debt restructuring, and safeguards for other creditors. The tribunal may order meetings, determine classes, fix procedures and appointment of officers, and require reporting to supervise and facilitate sanctioning. Articles Corporate Laws / IBC / SEBI Wed, 04 Sep 2024 18:59:25 +0530 https://www.taxtmi.com/article/detailed?id=12901