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Special provisions for banking companies working under schemes of arrangement at the commencement of the Ordinance

Where any company under section 153 of the Companies Act, 1913 (VII of 1913), is being worked at the commencement of this Ordinance, the High Court may, if it so thinks fit, on the application of such banking company (a) excuse any delay in carrying out any of the provisions of the compromise or arrangement; allow the banking company to settl...

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