CAA of Companies | Act 1956 | Section 391 - 393 | Procedure for Compromise and Arrangement | Part 2

Corporate and Allied Laws: CA;

CAA of Companies | Procedure for Compromise and Arrangement | Section 391 - 393 | Part 2;

Section 391 to 393

Procedure For compromises and arrangement through steps 1-5

*Step 1 - Application to the court
*Step 2 - Court's direction to hold meeting
*Step 3 - Court sends notice to CG
*Step 4 - Information about compromise and arrangement
*Step 5 - Approval of the scheme

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