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[Cites 0, Cited by 1] [Section 254] [Entire Act]

Union of India - Subsection

Section 254(2) in The Companies Act, 2013

(2)An application under sub-section (1) shall be accompanied by—
(a)audited financial statements of the company relating to the immediately preceding financial year;
(b)such particulars and documents, duly authenticated in such manner, along with such fees as may be prescribed; and
(c)a draft scheme of revival and rehabilitation of the company in such manner as may be prescribed:
Provided that where the sick company has no draft scheme of revival and rehabilitation to offer, it shall file a declaration to that effect along with the application.