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Opportunity was to be given to co. for approving new scheme of arrangement when original scheme was modified orally

May 3, 2019[2019] 104 328 (Delhi)

CL: Where original scheme of arrangement envisaging payment of 50 per cent debt of unsecured creditors within 24 months was modified orally in course of proceedings, to repayment of 100 per cent dues to unsecured creditors within 24 months, which created confusion, another opportunity was to be given to company to put to vote new scheme proposed by petitioner

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