This note outlines the procedure and requirements for court approved arrangements, amalgamations and compromises under Part 15 of the Companies Act 1993. It covers the definitions of arrangement, compromise and amalgamation in Part 15 and the relationship between Part 15 and Parts 13 and 14 of the Companies Act 1993. It deals with the courts' broad discretion under Part 15, shareholder and creditor approval and the initial and final orders made by the court. It also discusses an arrangement or amalgamation of a code company under Part 15 as an alternative to a takeover.