Bar of Jurisdiction [Omitted] Amendment 1 (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 268. Bar of Jurisdiction No appeal shall lie in any court or other authority and no […]

Punishment for Certain Offences Omitted] Amendment 1 (a) Omitted by vide MCA Notification number F.O. 3453(E) Dated 15th November, 2016 (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 267. Punishment for Certain Offences Whoever violates the provisions of this Chapter or any scheme, or any

Power of Tribunal to Assess Damages Against Delinquent Directors, etc Omitted] Amendment 1 (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 266. Power of Tribunal to Assess Damages Against Delinquent Directors,

Winding Up of Company on Report of Company Administrator Omitted] Amendment 1 (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b)The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 265. Winding Up of Company on Report of Company Administrator

Implementation of Scheme Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016 (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Implementation of Scheme (1) The Tribunal shall, for the purpose of effective implementation of the scheme, have power to

Scheme to be Binding Omitted] Amendment (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016 Original Omitted Content– 263. Scheme to be Binding On and from the date of the coming into operation of the sanctioned scheme or any provision thereof, the scheme or such provision shall be binding on the sick company

Sanction of Scheme Omitted] Amendment 1 (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Sanction of Scheme (1) The scheme prepared by the company administrator under section 261 shall be placed before the creditors of

Scheme of Revival and Rehabilitation Omitted] Amendment 1 (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th November, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016 Original Omitted Content– 261 Scheme of Revival and Rehabilitation (1)The company administrator shall prepare or cause to be

Powers and Duties of Company Administrator Omitted] Amendment (a) Omitted by Insolvency and Bankruptcy Code, 2016 Dated 15th Nov, 2016. (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 260. Powers and Duties of Company Administrator. (1)The company administrator shall perform such

Appointment of Administrator Omitted] Amendment (a)Omitted by Insolvency and Bankruptcy Code , 2016 Dated 15th Nov, 2016 (b) The MCA Notification No. F.O. 3453(E) Dated 15th November, 2016, enforcing the related sections of Insolvency and Bankruptcy Code, 2016. Original Omitted Content– 259. Appointment of Administrator (1) The interim administrator or the company administrator, as the case may