Corporate Restructuring Companies Act, 2016

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SECTIONS.
1. Short title, extent and commencement.
2. Definitions.
3. Act to override other laws, contracts, instruments, memorandum and articles.
4. Incorporation of Corporate Restructuring Company.
5. Functions and powers.
6. Transfer of non-performing assets.
7. Legal proceedings.
8. Notice and discharge.
9. Power to require information.
10. Special audit.
11. Inquiry by the Commission.
12. Destruction of documents.
13. Penalty for non-compliance or contravention.
14. Enforcement of orders of the Commission.
15. Power to make rules.
16. Power to make regulations.
17. Power to issue directives, circulars, guidelines, etc.
18. Power to remove difficulties.







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