Section 25, Sick Industrial Companies (Special Provisions) Repeal Act, 2004 [S21-TMN]
As at 7 September 2026. In force from 2 November 2004 by S.O. 3315(E) [N12-C0Y].
25. Registration of creditors.—(1) Every creditor shall, within thirty days from the commencement of this Act or, where such person begins the recovery of debts after such commencement, within thirty days from the date of such beginning, make an application for registration to the Registrar of Companies in Form MGT-7, accompanied by a fee of one thousand rupees. (2) The Registrar of Companies shall, on being satisfied that the application is in order, register the applicant and issue a certificate of registration in such form as may be prescribed. (3) No creditor shall carry on the recovery of debts unless registered under this section.
Defined terms in this text (2)
company: Section 2, Sick Industrial Companies (Special Provisions) Repeal Act, 2004 [S21SXB] (In this Act, unless the context otherwise requires,—): "company" means a company incorporated under this Act or under any previous company law
company: 13 more definitions.
Registrar: Section 2, Sick Industrial Companies (Special Provisions) Repeal Act, 2004 [S21SXB] (In this Act, unless the context otherwise requires,—): "Registrar" means a Registrar, an Additional Registrar, a Joint Registrar, a Deputy Registrar or an Assistant Registrar, having the duty of registering companies and discharging various functions under this Act
Registrar: 79 more definitions.
Made under this section, or naming it (0)
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Not held (0)
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Duties published under this section (0)
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