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The Companies Act, 1956

Winding Up (Section 425 to 560)

Section 441C Rehabilitation Fund.

Section 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 441B;

(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.