Section 391 in The Companies Act, 1956
391. Power to compromise or make arrangements with creditors and members .-
(1) Where a compromise or arrangement ... application of the company or of any creditor or member of the company, or, in the case of a company which is being wound
Sick Industrial Companies Act, 1982 and Section 402 of the
Companies Act, Mr. Divan has submitted that Chapter V of the Companies
Act provides another ... applicable to Sections 391-394 of the Companies Act.
51. The Companies Act as well as the RBI Act are Central Acts. Chapter
IIIB, which
Section 391 in The Companies Act, 2013
391. Application of sections 34 to 36 and Chapter XX.—
(1) The provisions of sections ... inclusive) shall apply to— (i) the issue of a prospectus by a company incorporated outside India under section 389 as they apply to prospectus issued
various schemes which can be presented to Company Court under Section 391 of the Companies Act. Reliance is placed in the judgment of Bank ... Section 391 of the Companies Act, 1956 either the Company or creditor or member of the Company or the Liquidator (where a Company is being
company and its Directors could
be stayed by the Company Court while sanctioning a
scheme under Section 391-392 of the Companies
Act?
iv) Depending ... under Section 391 by or in respect of the
company. Therefore, according to Mr Batra, a scheme under Section 391 of
the Companies Act
company and its Directors could
be stayed by the Company Court while sanctioning a
scheme under Section 391-392 of the Companies
Act?
iv) Depending ... under Section 391 by or in respect of the
company. Therefore, according to Mr Batra, a scheme under Section 391 of
the Companies Act
company and its Directors could
be stayed by the Company Court while sanctioning a
scheme under Section 391-392 of the Companies
Act?
iv) Depending ... under Section 391 by or in respect of the
company. Therefore, according to Mr Batra, a scheme under Section 391 of
the Companies Act
company and its Directors could
be stayed by the Company Court while sanctioning a
scheme under Section 391-392 of the Companies
Act?
iv) Depending ... under Section 391 by or in respect of the
company. Therefore, according to Mr Batra, a scheme under Section 391 of
the Companies Act
Companies Act .
28. Secondly, Sections 390 to 394 of the Companies Act appearing in Chapter V of the Companies Act , deal with arbitration, compromise, arrangement ... section (2) of Section 392 and Section 446 and Clause (c) of Sub-section (2) of Section 446 of the Companies Act, the provisions
purpose of Sections 391 and 393 , Section
390 clarifies that Company means any Company liable to be
wound up under the Companies Act . SCML ... Section 391 Sub-section
(1).
5. That all the requisite material
contemplated by the proviso of Sub-section
(2) of Section 391 of the Act
