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Companies Law - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Whether scheme of section 22 and section 22A empowers BIFR to ...


BIFR empowered under SICA Sections 22 and 22A to rehabilitate financially distressed companies through strategic recovery schemes.

June 3, 2012

Case Laws     Companies Law     HC

Whether scheme of section 22 and section 22A empowers BIFR to take all such measures which, in opinion of Board, are necessary to bring company out of its sickness and make it viable on implementation of scheme framed by operating agency - powers of the Board under Section 22(3) of SICA - HC

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