Section 441C   [ View Judgements ]

Rehabilitation Fund.

441C. Rehabilitation Fund.

    (1) There shall be formed for the purposes of rehabilitation or revival or protection of assets of a sick industrial company, a Fund to be called the Rehabilitation and Revival Fund.

    (2) There shall be credited to the Fund-

      (a) all amounts paid under section 44IB;

      (b) any amount given as grants by the Central Government for the purposes of this Fund;

      (c) any amount given to the Fund from any other source;

      (d) any income from investment of the amount in the Fund;

      (e) amount refunded by the company under section 441G.

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