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CHAIRMAN’S REPORT After approval of scheme by creditors or members, the Chairman is required to file his report within seven days of conclusion of meeting.Thereafter, within seven days of filing the report, the applicant shall present a petition to the court for confirmation of compromise or arrangement. This room is for adults who want to meet or talk with those interested in sex chat.A strict reminder that this particular chat page is restricted to users 18 years and older.

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PROCEEDINGS It includes both civil and criminal proceedings.

Where directors are sought to be proceeded against criminally for their act as director by the creditor pending the consideration of a scheme of arrangement, the criminal proceeding can be stayed for the limited purpose so that the directors are not pressurized by the creditors and the scheme can be considered effectively.

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Choose a nickname and click the "Chat Now" button to connect. Click Here to See Who is Online at My Free Cams right now!All modes of reorganizing the share capital, takeover of shares of one company by another including interference with preferential and other special rights attached to shares can properly form part of an arrangement with members.



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