Sick Industrial Companies Act (SICA) - archive.india.gov.in
Sick Industrial Companies Act (SICA) Sick industrial unit is defined as a unit or a company (having been in existence for not less than five years) which is found at the end of any financial year to have incurred accumulated losses equal to or exceeding its entire net worth.
List of Companies in Bihar, Bihar Business Directory
Get large list of Bihar business directory to find detailed information of top companies in Bihar and Bihar based corporate Company.
Predicting probability of default of Indian companies: A ...
The study uses BIFR reference to identify distressed firms from the list of firm's registered sick firms during 2006 to 2014. The study uses a total of 80 companies
Sick Industrial Companies Act (SICA) - Investopedia
The Sick Industrial Companies Act (SICA) was a key piece of legislation dealing with the issue of rampant industrial sickness in India. SICA was enacted in India to detect sick or potentially sick ...
BIFR: With BIFR fate sealed, 3 lakh workers left in lurch ...
"The company used the provisions of BIFR in true spirits and is now on the growth path," said Andrew Yule former chairman Kallol Dutta. Kanoria Jute, too, used BIFR guidelines successfully for ...
Hindustan Fertilizer Corporation Limited (HFCL ...
7.5.1 Hindustan Fertilizer Corporation Limited (HFCL) ... 7.5.3 The Company was declared sick and was referred to BIFR in the year 1992 and since then it is under BIFR. In view of the continuing losses of the company, stemming from technical and financial viability of operations, the Government decided to close down HFCL Plants in September 2002. Consequently, a Voluntary Separation Scheme ...
Common Queries of Investors Primary Markets
Common Queries of Investors Primary Markets 1. When the company is going to get listed on exchange? Companies seeking public issue of their securities file their draft offer document
After the bust - The Telegraph
The directors of a "sick" company can approach the Board for Industrial and Financial Reconstruction (BIFR), a quasi-judicial body established under the Sica. The law stipulates that a company older than five years can approach the BIFR if it has accumulated losses equal to or exceeding its net worth.
Mamata Banerjee slams Modi government for dissolving …
KOLKATA: Chief minister Mamata Banerjee is livid with the Centre's dissolving of the Board for Industrial and Financial Reconstruction (BIFR) and its appellate body (AAIFR). "I can understand ...
List of companies of India - Wikipedia
India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world.
List of Companies under Liquidation - olkolkata.in
No. Name of the Company C. P. No./BIFR No. Date of winding up order; 1: Annada Prasad Zamindarary(ULA) Pvt Ltd.( 1913 Act) Matter No. 355 of 1949
Economy of Bihar - Wikipedia
The economy of Bihar is largely service-oriented, but it also has a significant agricultural base. The state also has a small industrial sector. As of 2016, agriculture accounts for 23%, industry 17% and service 60% of the economy of the state For the period 2002-2007, average growth rate of Manufacturing in the state was 0.38%, against the national average of 7.8%. Bihar has the lowest GDP ...
Board for Industrial and Financial Reconstruction (BIFR)
The Government of India, in order to tackle the problem of industrial sickness, had set up a Board for Industrial and Financial Reconstruction (BIFR), under the purview of Sick Industrial Companies (Special Provisions) Act,1985 (SICA).
Move to scrap BIFR upsets Mamata - The Telegraph
Calcutta, Jan. 6: Bengal chief minister Mamata Banerjee has questioned the Centre's move to repeal the Board For Industrial & Financial Reconstruction (BIFR), adding one more front to her all-out war against the Narendra Modi-government.
bihar govt policy on fly ash - prodore.co.za
NGT notice to Bihar govt on plea against its order on … Read more about NGT notice to Bihar govt on plea against its order on use of fly ash on Business Standard.
BIFR Judgments | DRT, Advocates, Lawyers
2012-01-27· Subject Index: Sick Industrial Companies (Special Provisions) Act, 1985 — Section 15 — sick company a fully owned to subsidiary of a government company owned and controlled by State of U.P. — direction given by bifr to State of U.P. to make on account payment of wages to workers of the sick company on humanitarian grounds challenged — no provision in SICA which authorities bifr to …
The Bengal Immunity Company ... vs The State Of Bihar …
PETITIONER: THE BENGAL IMMUNITY COMPANY LIMITED Vs. RESPONDENT: THE STATE OF BIHAR AND OTHERS. DATE ... The Appellant asserted that it was not liable to assessment under the Bihar Sales Tax Act and denied the authority of the State of Bihar to levy sales tax upon 670 the Appellant. The Assistant Superintendent of Commercial Taxes, Central Circle, Bihar, ultimately by …
list of kaolin companies in georgia - prodore.co.za
Thiele Kaolin Company, which also operates under the name Thiele Kaolin Limestone, is located in Sandersville, Georgia. This organization primarily operates in the Kaolin Mining business / industry within the Mining and Quarrying of Nonmetallic Minerals, Except Fuels sector. Thiele Kaolin Company ...
National Jute Manufactures Corporation Limited - …
The company formed through the nationalization of six jute mills, namely, Kinnison, Khardah, National, Alexandra, union, all in the state of West Bengal and RBHM Katihar in Bihar in 1980 is under the administrative control of Ministry of Textiles.
MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF …
ANNEXURE-III ANNEXURE REFERRED TO IN REPLY TO PART (a) OF THE LOK SABHA UNSTARRED QUESTION NO. 713 FOR ANSWER ON 21.11.2016. BIFR List of The State wise Sick Companies under the purview of BIFR
Acquisition Merger of Sick Companies through BIFR
An acquisition under a BIFR approved scheme is eligible for various relaxations in law. A major incentive A major incentive for acquiring companies is the tax benefits given consequent to amalgamation.
list of indian cement - prodore.co.za
List of companies of India - Wikipedia. India is a country in South Asia.It is the seventh-largest country by area, the second-most populous country (with over 1.2 billion people), and the most populous democracy in the world..
Sick firms take BIFR route to delay legal action by banks ...
The Sick Industrial Companies (Special Provisions) Act (SICA) 1987, under which BIFR was formed, forbids the lending bank taking the legal recourse once the companies are referred to the board.
Sick Industrial Companies (Special Provisions) Act, 1985 ...
The Sick Industrial Companies (Special Provisions) Repeal Act, 2003 (AS PASSED BY THE HOUSES OF PARLIAMENT) A BILL Act : ... As the SICA has not yet been repealed, the sick Companies will continue to be under BIFR. The newly inserted definition of Industrial Undertaking, seems to be faulty. Further, the definition of Industrial Undertaking is explicitly exempting the Small Scale Industries ...
List of Industries in Bihar | Biharprabha
Existing Industries List in Bihar District-wise List of Agro based Industries Leather and Allied Industries in Bihar Handloom Sector in Bihar: ICAR Report: Fisheries Development in Bihar Various schemes being run by the Fisheries Dept. in the State of Bihar.
list of companies of bihar under bifr - prodore.co.za
Board for Industrial and Financial Reconstruction (BIFR) The Government of India, in order to tackle the problem of industrial sickness, had set up a Board for Industrial and Financial Reconstruction (BIFR), under the purview of Sick Industrial Companies (Special Provisions) Act,1985 (SICA).
list of big companies in ghana - prodore.co.za
The first list was compiled in 1998 to recognise the best companies in the different sectors of Ghana's economy. The awards also aims at encouraging competition and improve products and services. The awards also aims at encouraging competition and improve products and services.
Ministry Of Corporate Affairs - Defaulter Companies List
Defaulter Companies List ... about MCA Visit these pages to find out all about MCA. Includes information on MCA's main functions and other details about the Ministry.
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