Section 441D Application of Fund.
The Fund shall be applied by the Tribunal for the purpose of —
(a) making interim payment of workmen’s dues pending the revival or rehabilitation of the sick industrial company; or
(b) payment of workmen’s dues due to the workmen, referred to in sub-section (3) of section 529, of the sick industrial company; or
(c) protection of assets of sick industrial company; or
(d) revival or rehabilitation of sick industrial company;
which in the opinion of the Tribunal are necessary or expedient for the said purposes.
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