shall stand discharged. The defendants contended that in view of this composition-deed, the plaintiffs were not entitled to maintain this suit on the basis ... within time. This amendment was not only in respect of the composition-deed (Ex. D 1) but it also included the addition of other defendants
realised within the
period of four years prescribed in the composition deed and
the trustees did not extend the time.
242
The appellants, therefore, sought ... There are four
schedules to the composition deed. Schedule A sets out the
names of the creditors and the amounts due to them, Schedule
section (1) applies to-
(i) any composition deed; or
(ii) any instrument relating to shares in a Joint Stock Company, notwithstanding
that the assets
Satish, i.e. the defendant No. 1(b), entered into a Deed of Composition with the successor of Syndicate Bank Ltd. ICDS ... Bank, which was subsequently modified to Rs. 13.50 lakhs and a Deed of Composition Exhibit D 16 dated 6th May 1974 came to be executed
defendants 1 and 2, to trustees appointed under a composition deed. They have all been brought on the record, but it will be convenient
Note dated 07.03.2013 for Rs. 3.50 crores 56
19 Composite hypothecation deed executed on 19.03.2010 to 57-68
the extent of Rs. 4.50 crores ... Composite hypothecation deed executed on 19.01.2012 to 69-80
the extent of Rs. 3.72 crores
21 Composite hypothecation deed executed
These two cases are cases of composition deeds and it was held that the contract was voidable at the option of the creditor with reference ... higher rights which were cut down by the contract of lease or composition. In the class of cases with which I am now dealing
executed a deed which ostensibly is a combination of a deed of surrender by her in favour of Jai Karan and a deed of gift ... this deed cannot make the execution of the gift deed by Kishan. Dei valid. She could not execute the gift deed of. the property which
assignees in insolvency, and the others, by the trustees under a composition deed. The only solvent member now of the family is the sixth defendant
assignees in insolvency and the others by the trustees under a composition deed. The only solvent member now of the family is defendant