https://www.taxtmi.com/acts?id=17560 Section 264 (now omitted) empowered the Tribunal to enforce, modify or terminate contracts for effective implementation of a sanctioned rehabilitation scheme, to authorise a company administrator to implement the scheme with reporting obligations, to apply sale proceeds towards scheme implementation, and to entertain applications to modify or declare the scheme failed and wind up the company; such modification or winding up required consent of secured creditors holding three fourths in value and pending applications could abate where those secured creditors had taken recovery measures. en-us Sat, 02 Mar 2013 14:41:06 +0530 Fri, 12 Dec 2025 13:23:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17560 Section 264 (now omitted) empowered the Tribunal to enforce, modify or terminate contracts for effective implementation of a sanctioned rehabilitation scheme, to authorise a company administrator to implement the scheme with reporting obligations, to apply sale proceeds towards scheme implementation, and to entertain applications to modify or declare the scheme failed and wind up the company; such modification or winding up required consent of secured creditors holding three fourths in value and pending applications could abate where those secured creditors had taken recovery measures. Act-Rules Companies Law Sat, 02 Mar 2013 14:41:06 +0530 https://www.taxtmi.com/acts?id=17560