Compromise and arrangements
Malobika Ghosh (112 Points)
19 October 2019
what kind of member can apply to tribunal for compromise or arrangements?
1 Replies
Bharat Bohra
(306 Points)
Replied 19 October 2019
As per Sec 230 of the companies act 2013 an application for compromise or arrangement may be made by tribunal by the following :-
1. company
2. any creditor of the company
3. "ANY MEMBER " of the company
4. Liquidator appointed under this act
1. company
2. any creditor of the company
3. "ANY MEMBER " of the company
4. Liquidator appointed under this act
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