12 August 2024


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Calcutta HC: Compromise Scheme Under Companies Act Overrides SARFAESI - 01.08.2025

Calcutta High Court ruled that once a scheme of compromise or arrangement is sanctioned by a company court, it cannot be frustrated by invoking the SARFAESI Act. The judgment reinforces the binding nature of judicially approved corporate restructurings.

Tags : Companies Act SARFAESI Act Compromise Scheme Creditor Rights Corporate Restructuring

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