The Companies Act, 2013 Section 263 Section 263 Chapter XIX · Revival and Rehabilitation of Sick Companies 263. [Scheme to be binding.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016). Copy text 263. [Scheme to be binding.] Omitted by s. 255 and the Eleventh Schedule, ibid. (w.e.f. 15-11-2016).