Rule 19- Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
Effective from 15-12-2016
15.1.19- Companies (Compromises, Arrangements and Amalgamations) Rules, 2016
19. Directions at hearing of application.— Upon the hearing of the notice of admission given under rule 18 or upon any adjourned hearing thereof, the Tribunal may make such order or give such directions as it may think fit, as to the proceedings to be taken for the purpose of reconstruction or amalgamation, as the case may be, including, where necessary, an inquiry as to the creditors of the transferor company and the securing of the debts and claims of any of the dissenting creditors in such manner as the Tribunal may think just and appropriate.