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Published online by Cambridge University Press: 16 December 2021
This chapter analyses in detail the stages that need to be followed in order for a scheme to be successful; these stages are relevant to all schemes of arrangement. The chapter examines a number of issues of general importance including the role of the courts in schemes at the various stages, the question of who needs to approve the scheme, the issue of class composition, and the issue of minority protection. These issues recur in more specific contexts later in the book. This chapter debates areas of difficulty at length and analyses areas of potential reform.
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