Non-Performing Assets and Rehabilitation of Industrial Undertaking (Legal Proceedings) Ordinance, 2000
1. Short Title, extent and commencement.
3. Ordinance to override other laws.
4. Jurisdiction of High Court.
5. Procedure and power of High Court.
6. Transfer of Pending proceedings and institution of new cases.
7. Institution of suits etc, by the Corporation.
8. Trial of Cases.
9. Procedure of Verification Committee to apply to proceedings not transferred
or instituted under this Ordinance.
10. Execution of decree, and sale of assets of the obligor.
11. Sale of Assets in Winding up Proceedings by the High Court.
12. Outstanding liability and entitlement of obligor .
13. Inter Creditor matters.
14. Provisions relating to certain offences.
15. Transfer of Nonperforming assets.
16. Cognizance of offences.
17. Nonfunctioning assets.
19. Progressive application.
21. Removal of difficulties.
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