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Chapter 19
Revival and Rehabilitation of Sick Companies
17 sections (253–269)
- 253Determination of sickness
- 254Application for revival and rehabilitation
- 255Exclusion of certain time in computing period of limitation
- 256Appointment of interim administrator
- 257Committee of creditors
- 258Order of Tribunal
- 259Appointment of administrator
- 260Powers and duties of company administrator
- 261Scheme of revival and rehabilitation
- 262Sanction of scheme
- 263Scheme to be binding
- 264Implementation of scheme
- 265Winding up of company on report of company administrator
- 266Power of Tribunal to assess damages against delinquent directors, etc
- 267Punishment for certain offences
- 268Bar of jurisdiction
- 269Rehabilitation and Insolvency Fund