What is Scheme of revival and rehabilitation What is sanction of scheme What is the meaning of scheme to be binding Section 261, 262 and 263 of Indian Companies Act 2013

Scheme of revival and rehabilitation, Sanction of scheme and Scheme to be binding are defined under Section 261, 262 and 263 of Indian Companies Act 2013. Provisions under these Sections are:

 

Section 261 of Indian Companies Act 2013 "Scheme of revival and rehabilitation"

[Scheme of revival and rehabilitation.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016).

 

Section 262 of Indian Companies Act 2013 "Sanction of scheme"

[Sanction of scheme.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016).

 

Section 263 of Indian Companies Act 2013 "Scheme to be binding"

[Scheme to be binding.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016).