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Arrangement when binding on company and on creditors.
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136. Any arrangement entered into between a company about to be wound up voluntarily, or in the course of being wound up voluntarily, and its creditors, shall be binding on the company if sanctioned by an extraordinary resolution, and on the creditors if acceded to by three fourths in number and value of the creditors, subject to such right of appeal as is herein-after mentioned.
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