TMI BlogCompany Court's Role in Winding-Up: Authority Retained, No Power to Alter Sanctioned Schemes Post-Sanction.Winding up – while the Company Court “is not powerless and can never become functus officio“, it cannot rewrite a scheme in any manner, even at the post sanction stage. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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