(1) No restructuring program adopted by a meeting of creditors and approved by the Court pursuant to this Chapter shall, except on the following condition, prevent the owner of any property used or possessed or owned by the company or the lessor of such property if it has been leased from executing the right to such property or returning the same:
(a) Where the owner or lessor of such property votes in favor of such program or otherwise gives his or her consent in writing that such program will be acceptable to him or her; or
(b) Where the Court orders that the program shall be binding to the owner or lessor of such property.
(2) The Court may, if it is satisfied with the following matters, issue order referred to in Clause (b) of Sub-section (1):
(a) Where the owner or lessor of such property gets back that property, it may substantially prejudice the achievements to be made from the implementation of the restructuring program;
(b) Where such restructuring program adequately protects that property and the right of the owner or lessor of such property.