TMI BlogApplication for revival and rehabilitation.X X X X Extracts X X X X X X X X Extracts X X X X ..... ribunal for the determination of the measures that may be adopted with respect to the revival and rehabilitation of such company: Provided that in case any reference had been made before the Tribunal and a scheme for revival and rehabilitation submitted, such reference shall abate if the secured creditors representing three-fourths in value of the amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... also that where the financial assets of the sick company had been acquired by any securitisation company or reconstruction company under sub-section (1) of section 5 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, (54 of 2002. ) no such application shall be made without the consent of securitisation company or reconstruction company whic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) An application under sub-section (1) shall be made to the Tribunal within a period of sixty days from the date of determination of the company as a sick company by the Tribunal under section 253 - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI ..... X X X X Extracts X X X X X X X X Extracts X X X X
|