Laws and Bare Acts of India at

MyNation Foundation Online Law Library

Section 441D – The Companies Act,1956

The Companies Act, 1956

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.

Previous | Next

The Companies Act, 1956

Indian Laws – Bare Acts


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2022 Laws and Bare Acts of India at

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation