Power of Tribunal on application for stay of winding up.

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..... that it is just and fair that an opportunity to revive and rehabilitate the company be provided staying the proceedings for such time but not exceeding one hundred and eighty days and on such terms and conditions as it thinks fit: Provided that an order under this sub-section shall be made by the Tribunal only when the application is accompanied with a scheme for rehabilitation. .....

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..... a report with respect to any facts or matters which are in his opinion relevant to the application. (6) A copy of every order made under this section shall forthwith be forwarded by the Company Liquidator to the Registrar who shall make an endorsement of the order in his books and records relating to the company. - - statute, statutory provisions legislation, law, enactment, Acts, Rul .....

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