 The proposals must be finalised and complete before confirmation of the court is sought.In this regard, the court will refuse to confirm a scheme of arrangement which is to be funded by an investor unless the investor has been found and has entered into a legally binding commitment to provide the investment funds and demonstrated that the funds are available, usually by putting them on deposit with the examiner's solicitors If the court confirms the proposals they are binding on all the members and creditors affected by them from an effective date, usually nominated in the scheme and so ordered by the court.The examiner's appointment usually terminates on this effective date and the administration of the scheme is a matter for the company.