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scrutinised by the Board for Industrial and
Financial Reconstruction (BIFR) constituted under the Sick
Industrial Companies (Special Provisions ... this behalf. Thus
the authority and competence of the BIFR to issue a
direction for the transfer of the shares
Supreme Court of India
letter informed the
Board for Industrial and Financial Reconstruction (BIFR) of
its accumulated losses and sought financial assistance for
revival ... unit.
341
The Director (Finance) of the BIFR desired the company to
report the sickness in Form
Supreme Court of India
Board for Industrial and Financial
Reconstruction (hereinafter called the `BIFR') on 17.7.1997
under the Sick Industrial Companies (Special Provision ... that once the reference was registered
by the BIFR on 24.7.1997, the Division Bench of the High
Court ought
Supreme Court of India
view, when Section 16(1) says that the BIFR can
conduct the inquiry 'in such manner as it may deem ... convey that a wide
discretion is vested in the BIFR in regard to the procedure
it may follow for conducting
Supreme Court of India
Board for Industrial and Financial Reconstruction (for short 'BIFR'), pay
revision and grant of other benefits will be allowed only ... Department of Fertilizers (for short 'DOF') were referred to BIFR and were
declared as sick companies
Supreme Court of India
सामने रखना चाहूँगा। The position of the bank at BIFR as on 31st March, 2002 is this. Schemes implemented ... crore. Average time taken to conclude the case by BIFR, that is, the unit is not viable and eligible
Lok Sabha Debates
declared sick and the matter is referred to the BIFR. The company’s management could not pay the provident fund ... this Unit. It was to be informed to the BIFR. Can you believe, Mr. Minister, that the official, the Joint
Lok Sabha Debates
them,
approached the Board for Industrial Finance and
Reconstruction ('BIFR' for short) and sought for declaration
that those companies became ... stand that when proceedings
are pending before the BIFR no prosecution can be maintained
under law against those companies
Supreme Court of India
Board of Industrial and
Financial Reconstruction (for short 'BIFR') in terms of the provisions of the
Sick Industrial Companies (Special ... Textile Corporation were contrary to
the scheme framed by BIFR as also the orders of this Court dated
Supreme Court of India
view of the problems observed in the BIFR mechanism, Sick Industrial Companies (Special Provisions) Bill, 2001 for the repeal ... SICA, 1985 and the abolition of BIFR / Appellate Authority for Industrial and Financial Reconstruction (AAIFR) was introduced in this House
Lok Sabha Debates
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