Complied AIComplied AIBack to law libraryReading nowCompanies Act, 201330 chapters · 517 sections
Chapters30
    • ¶Chapter 19 overview
    • 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
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  1. Chapter 19

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
Chapter 18Removal of Names of Companies From the Register of CompaniesChapter 20Winding Up