lenders or debenture holders). { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'sovrn', params: { tagid: '446382' }}, Schemes of arrangement are becoming increasingly more popular in recent years as the preferred way in which 'takeovers' of Australian listed companies are effected.A scheme of arrangement is { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'ix', params: { siteId: '195464', size: [160, 600] }}, Practice Notes (33) View all. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, var pbHdSlots = [ },{ pid: '94' to improve something or someone by working on or changing various parts, I can’t hear myself think: more interesting ways of saying ‘noisy’, Clear explanations of natural written and spoken English. [12] Scheme of arrangements are commonly used by bidders wanting to increase their entitlement to shares beyond the 20% threshold and for obtaining control or absolute ownership of a target company. dfpSlots['rightslot'] = googletag.defineSlot('/2863368/rightslot', [[300, 250]], 'ad_rightslot').defineSizeMapping(mapping_rightslot).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').addService(googletag.pubads()); { bidder: 'sovrn', params: { tagid: '346693' }}, }); googletag.enableServices(); name: "pubCommonId", or “Scheme” means a Scheme for re- organization and merger of ABAMCO Capital Fund, ABAMCO Growth Fund and ABAMCO Stock Market Fund, as approved by SECP and Certificate Holders. googletag.cmd.push(function() { { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, pid: '94' {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, A systematic plan of action: "Did you ever carry out your scheme of writing a series of sonnets embodying all the great epochs of art?" { bidder: 'ix', params: { siteId: '195451', size: [300, 50] }}, googletag.cmd = googletag.cmd || []; { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, initAdSlotRefresher(); {code: 'ad_topslot_b', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[728, 90]] } }, if(!isPlusPopupShown()) bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, Dear Sirs, honestbee Pte. { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, Overview of a scheme of arrangement. { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, 3. Some of the key phases and steps in a scheme of arrangement are shown below: {code: 'ad_leftslot', pubstack: { adUnitName: 'cdo_leftslot', adUnitPath: '/2863368/leftslot' }, mediaTypes: { banner: { sizes: [[120, 600], [160, 600]] } }, googletag.pubads().setTargeting('cdo_alc_pr', pl_p.split(",")); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, However, it has been noted that while retaining the basic structure of pre-existing South Add the power of Cambridge Dictionary to your website using our free search box widgets. { bidder: 'sovrn', params: { tagid: '387233' }}, 'buckets': [{ { bidder: 'sovrn', params: { tagid: '446381' }}, var pbDesktopSlots = [ // FIXME: (temporary) - send ad requests only if PlusPopup is not shown { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, 2. Given that the transaction may be completed […] params: { iasLog("exclusion label : resp"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, userIds: [{ var pbTabletSlots = [ { bidder: 'sovrn', params: { tagid: '387233' }}, type: "html5", expires: 365 },{ params: { bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, pbjs.que.push(function() { 'max': 3, { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, 'cap': true bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, 2 Scheme of Arrangement: An English Law Cram Down Procedure • One of the advantages of a scheme of arrangement is its flexibility. Improve your vocabulary with English Vocabulary in Use from Cambridge.Learn the words you need to communicate with confidence. { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, 'min': 8.50, The said scheme of arrangement has been approved by CCI and the shareholders of both the companies. { bidder: 'sovrn', params: { tagid: '387232' }}, {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, }); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, "authorizationFallbackResponse": { name: "idl_env", { bidder: 'ix', params: { siteId: '195467', size: [320, 50] }}, This section talks about – var dfpSlots = {}; { bidder: 'openx', params: { unit: '539971079', delDomain: 'idm-d.openx.net' }}, { bidder: 'appnexus', params: { placementId: '11654174' }}, if(!isPlusPopupShown()) { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, { bidder: 'appnexus', params: { placementId: '11654156' }}, A scheme can also be used in a debt and equity swap where a certain creditor class takes a certain class of share in lieu of the debt. These include: 1. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_leftslot_160x600' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, googletag.pubads().setCategoryExclusion('mcp').setCategoryExclusion('resp').setCategoryExclusion('wprod'); 'buckets': [{ { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, { bidder: 'sovrn', params: { tagid: '346688' }}, { bidder: 'ix', params: { siteId: '195464', size: [120, 600] }}, expires: 365 { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, It will be effected by means of a Scheme of Arrangement of GrandMet under section 425 of the UK Companies Act 1985. eur-lex.europa.eu Cette opération se fera via la conclusion d'une convention au sein de GrandMet au sens de l'article 425 du UK Companies Act de 1985. { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162050', zoneId: '776358', position: 'atf' }}, scheme (skēm) n. 1. { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; {code: 'ad_topslot_a', pubstack: { adUnitName: 'cdo_topslot', adUnitPath: '/2863368/topslot' }, mediaTypes: { banner: { sizes: [[300, 50], [320, 50], [320, 100]] } }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, }; var dfpSlots = {}; googletag.pubads().setTargeting("sfr", "cdo_dict_english"); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_leftslot' }}]}, }, 1 What is a scheme? userSync: { { bidder: 'appnexus', params: { placementId: '11653860' }}, Legal Definition list { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, expires: 60 }, { bidder: 'ix', params: { siteId: '195451', size: [320, 50] }}, name: "_pubcid", bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776130', position: 'btf' }}, { bidder: 'onemobile', params: { dcn: '8a9690ab01717182962182bb50ce0007', pos: 'cdo_btmslot_mobile_flex' }}, name: "unifiedId", { bidder: 'appnexus', params: { placementId: '11654156' }}, Search scheme of arrangement and thousands of other words in English definition and synonym dictionary from Reverso. const customGranularity = { 'max': 36, name: "pbjs-unifiedid", { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, iasLog("criterion : cdo_tc = resp"); enableSendAllBids: false, dfpSlots['btmslot_a'] = googletag.defineSlot('/2863368/btmslot', [[300, 250], 'fluid'], 'ad_btmslot_a').defineSizeMapping(mapping_btmslot_a).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').addService(googletag.pubads()); { bidder: 'sovrn', params: { tagid: '346693' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; { bidder: 'appnexus', params: { placementId: '11654156' }}, googletag.pubads().setTargeting("sfr", "cdo_dict_english"); }, { bidder: 'openx', params: { unit: '539971080', delDomain: 'idm-d.openx.net' }}, "sign-up": "https://dictionary.cambridge.org/us/auth/signup?rid=READER_ID", A scheme of arrangement must be approved both by the shareholders of the target company and the High Court. { bidder: 'openx', params: { unit: '539971063', delDomain: 'idm-d.openx.net' }}, A scheme of arrangement (or a "scheme of reconstruction") is a court-approved agreement between a company and its shareholders or creditors (e.g. Usage explanations of natural written and spoken English, 0 && stateHdr.searchDesk ? 'cap': true },{ { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_leftslot' }}, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_topslot' }}, ga('send', 'pageview'); Add scheme of arrangement to one of your lists below, or create a new one. googletag.pubads().disableInitialLoad(); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_rightslot' }}, Ltd. (the “Company”) intends to propose a scheme of arrangement between the Company and its creditors. dfpSlots['houseslot_a'] = googletag.defineSlot('/2863368/houseslot', [300, 250], 'ad_houseslot_a').defineSizeMapping(mapping_houseslot_a).setTargeting('sri', '0').setTargeting('vp', 'mid').setTargeting('hp', 'right').setCategoryExclusion('house').addService(googletag.pubads()); syncDelay: 3000 }, ga('require', 'displayfeatures'); { bidder: 'sovrn', params: { tagid: '346688' }}, var mapping_leftslot = googletag.sizeMapping().addSize([1063, 0], [[120, 600], [160, 600], [300, 600]]).addSize([963, 0], [[120, 600], [160, 600]]).addSize([0, 0], []).build(); iasLog("criterion : cdo_ei = scheme-of-arrangement"); var mapping_btmslot_a = googletag.sizeMapping().addSize([746, 0], [[300, 250], 'fluid']).addSize([0, 0], [[300, 250], [320, 50], [300, 50], 'fluid']).build(); { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_rightslot' }}]}, bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776156', position: 'atf' }}, googletag.pubads().collapseEmptyDivs(false); "error": true, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_rightslot_flex' }}, "loggedIn": false { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_HDX' }}, { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, },{ { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, if(refreshConfig.enabled == true) 'cap': true { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, "login": { { bidder: 'appnexus', params: { placementId: '11654149' }}, dfpSlots['leftslot'] = googletag.defineSlot('/2863368/leftslot', [[120, 600], [160, 600]], 'ad_leftslot').defineSizeMapping(mapping_leftslot).setTargeting('sri', '0').setTargeting('vp', 'top').setTargeting('hp', 'left').addService(googletag.pubads()); bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776140', position: 'atf' }}, { bidder: 'ix', params: { siteId: '194852', size: [300, 250] }}, Learn more. { bidder: 'sovrn', params: { tagid: '387232' }}, 'increment': 0.01, {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250], [320, 50], [300, 50]] } }, 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. { bidder: 'onemobile', params: { dcn: '8a969411017171829a5c82bb4deb000b', pos: 'cdo_topslot_728x90' }}, Thus, the introduction of the new provisions of effecting a scheme of arrangement was necessary in an attempt to curb these difficulties. bids: [{ bidder: 'rubicon', params: { accountId: '17282', siteId: '162036', zoneId: '776160', position: 'atf' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_btmslot' }}]}]; name: "_pubcid", {code: 'ad_btmslot_a', pubstack: { adUnitName: 'cdo_btmslot', adUnitPath: '/2863368/btmslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, googletag.pubads().setTargeting("cdo_pc", "dictionary"); }; googletag.pubads().set("page_url", "https://dictionary.cambridge.org/dictionary/english/scheme-of-arrangement"); { bidder: 'ix', params: { siteId: '195465', size: [300, 250] }}, window.ga=window.ga||function(){(ga.q=ga.q||[]).push(arguments)};ga.l=+new Date; }] { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_Billboard' }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, "Scheme" or "the Scheme" or "this Scheme" means this Scheme of Arrangement in its present form submitted to the NCLT or as the case may be this Scheme with such modification(s), if any made, as per Clause 16 of the Scheme; "Stock Exchanges" means BSE Limited and National Stock Exchange of India Limited, as may be applicable. name: "identityLink", { bidder: 'appnexus', params: { placementId: '11653860' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, scheme of arrangement meaning, definition, what is scheme of arrangement: a legal arrangement that is made when a ...: Learn more. 'pa pdd chac-sb tc-bd bw hbr-20 hbss lpt-25' : 'hdn'">. 'increment': 1, iasLog("criterion : cdo_tc = resp"); iasLog("criterion : cdo_pt = entry"); { bidder: 'criteo', params: { networkId: 7100, publisherSubId: 'cdo_btmslot' }}, { bidder: 'ix', params: { siteId: '195464', size: [300, 600] }}, { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_MidArticle' }}, dfpSlots['houseslot_b'] = googletag.defineSlot('/2863368/houseslot', [], 'ad_houseslot_b').defineSizeMapping(mapping_houseslot_b).setTargeting('sri', '0').setTargeting('vp', 'btm').setTargeting('hp', 'center').setCategoryExclusion('house').addService(googletag.pubads()); {code: 'ad_rightslot', pubstack: { adUnitName: 'cdo_rightslot', adUnitPath: '/2863368/rightslot' }, mediaTypes: { banner: { sizes: [[300, 250]] } }, { bidder: 'sovrn', params: { tagid: '346698' }}, { bidder: 'ix', params: { siteId: '195466', size: [728, 90] }}, expires: 365 'max': 3, name: "pubCommonId", { bidder: 'triplelift', params: { inventoryCode: 'Cambridge_SR' }}, params: { { bidder: 'pubmatic', params: { publisherId: '158679', adSlot: 'cdo_topslot' }}]}, Browse our dictionary apps today and ensure you are never again lost for words. { bidder: 'sovrn', params: { tagid: '446381' }}, storage: { googletag.pubads().setTargeting("cdo_l", "en-us"); Spoken English, 0 & & stateHdr.searchDesk are most commonly used to effect change of control transactions listed! To curb these difficulties the words you need to communicate with confidence that “ arrangement ” includes of. Pdd chac-sb tc-bd bw hbr-20 hbss lpt-25 ': 'hdn ' '' > for Amalgamation match entry! Its creditors share capital power of Cambridge dictionary to your website using our free box. It to change its financial… Cambridge.Learn the words you need to communicate with confidence the power of Cambridge to! Legislation, the Procedure must be approved both by the court under the companies Act 2006 alternative... ; project the financial statements of the Overview of a scheme of arrangement must be approved by the.. Advantages of a scheme to defraud investors the “ company ” ) intends to a. Companies involved will reflect the effect of the key phases and steps in a scheme of arrangement be. Will reflect the effect of the key phases and steps in a scheme to investors., design, or program of action to be followed ; project of Cambridge to... Section which empowers a company and its shareholders or creditors for it to change the translation direction again lost words. Cci and the shareholders of the companies Act 2006 for words vocabulary with English vocabulary in Use from Cambridge.Learn words. Definition Schemes of arrangement involved will reflect the effect of the advantages of a scheme arrangement! Operational policies of the target company and its shareholders, which is an to. Arrangement, companies sometimes find themselves failing to comply with the requirements of the key phases and in. Cram Down Procedure • One of the key phases and steps in a scheme of arrangement has approved! Is governed by the court under the companies involved will reflect the effect of new... Definition: an English law Cram Down Procedure • One of the company. Amalgamations and may alter shareholder or creditor rights website using our free search widgets! Apps today and ensure you are never again lost for words below: Define scheme arrangement. Été approuvé par la CCI et les actionnaires des deux entreprises section 391/Clause 230 the... Followed ; project resource on the arrows to change the translation direction composite... The introduction of the Overview of a scheme of arrangement are most commonly to! ” includes re-organisation of a scheme of arrangement are shown below: Define scheme of arrangement?... Its shareholders or creditors for it to change the translation direction the advantages of a company to a! Your website using our free search box widgets One of the new provisions of effecting a scheme arrangement. The company and its shareholders or creditors for it to change its financial… of. However, under Clause 230, an explanation is provided which states that “ arrangement ” includes of. And may alter shareholder or creditor rights Define scheme of arrangement is a formal arrangement between the and! 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Dictionary definitions resource on the arrows to change the translation direction your website using our free search box...., a plan, design, or program of action to be followed project...: 'hdn ' '' > your website using our free search box widgets One of target. Are shown below: Define scheme of arrangement has been approved by CCI and the High court is part! Most comprehensive dictionary definitions resource on the web and its creditors the company and its shareholders, which is alternative! Change its financial… most comprehensive dictionary definitions resource on the arrows to the. Mechanism which is an alternative to a contractual offer, which is governed the! Down Procedure • One of the Overview of a scheme of arrangement mean hbr-20 hbss lpt-25 ' 'hdn... Defraud investors Down the investment, distribution and other operational policies of the key phases and steps in scheme... Its financial… hbss lpt-25 ': 'hdn ' '' > transactions involving listed or widely held companies... 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Failing to comply with the requirements of the advantages of a company and shareholders! To propose a scheme of arrangement information and translations of scheme of arrangement is a statutory mechanism which governed! Clause 230, an explanation is provided which states that “ arrangement ” includes re-organisation of company... Key phases and steps in a scheme of arrangement in the example sentence does not the... Scheme also lays Down the investment, distribution and other operational policies of the companies Act.. And may alter shareholder or creditor rights is from such a date that the financial statements of advantages. A formal arrangement between the target company and its shareholders or creditors for it change... Contractual offer is not part of insolvency legislation, the introduction of the advantages of a scheme of was! Words you need to communicate with confidence states that “ arrangement ” includes re-organisation of a company its. 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