law: Companies Act, 2013 
  261.
  
    Scheme
  
  of revival and rehabilitation.
  1.      The company
  
  administrator shall prepare or cause to be prepared a scheme of revival and
  
  rehabilitation of the sick company after considering the draft scheme filed
  
  along with the application under section 254.
  2.      A scheme prepared in
  
  relation to any sick company under sub-section (1 ) may provide for any
  
  one or more of the following measures, namely:—
  a.     
  
    the
  
  financial reconstruction of the sick company;
  b.    
  
    the
  
  proper management of the sick company by any change in, or by taking over, the
  
  management of such company;
  c.     
  
    the
  
  amalgamation of—
                       
  
   i.        
  
    the
  
  sick company with any other company; or
                      
  
   ii.        
  
    any
  
  other company with the sick company;
  a.    
  
  
  b.    
  
  
  c.    
  
  
  d.    
  
    takeover
  
  of the sick company by a solvent company;
  e.     
  
    the
  
  sale or lease of a part or whole of any asset or business of the sick company;
  f.     
  
    the
  
  rationalisation of managerial personnel, supervisory staff and workmen in
  
  accordance with law;
  g.    
  
    such
  
  other preventive, ameliorative and remedial measures as may be appropriate;
  h.     
  
    repayment
  
  or rescheduling or restructuring of the debts or obligations of the sick
  
  company to any of its creditors or class of creditors;
  i.      
  
    such
  
  incidental, consequential or supplemental measures as may be necessary or
  
  expedient in connection with or for the purposes of the measures specified in
  
  clauses (a ) to (h ).