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Sick Industrial
Companies (Special Provisions) Act, 1985 (for short 'SICA') before the
expiry of the period for payment ... interaction with the relevant provisions of SICA. Since the
relevant facts involved in all the cases are similar
Supreme Court of India
Sick
Industrial Companies (Special Provisions) Act, 1985 (for short, 'SICA').
Background Facts ... abeyance till the disposal of the said appeal under SICA. An
application for recalling of the said order is said
Supreme Court of India
Sick
Industrial Companies (Special Provisions) Act, 1985, ('SICA'
for short). They maintained the stand that when proceedings
are pending before ... pending before the BIFR
under Section 16 of the SICA a declaration was made by the
order passed
Supreme Court of India
various bodies viz. Company Law Board, BIFR, AAIFR under SICA and powers of High Courts in relation to winding ... reflected a broad consensus that BIFR set up under SICA, has, to a large extent, failed to achieve its objective
Lok Sabha Debates
Sick Industrial Company (Special
Provisions) Act, 1985 (in short, SICA).
4. Similarly, the AO also disallowed consultancy charges amounting ... that where a
scheme of amalgamation has been made under SICA the provisions
Income Tax Appellate Tribunal - Kolkata
Industrial Companies (Special
Provisions) Act, 1985 (referred to as SICA) is in issue in
these appeals. The Pradeshiya Industrial ... terms of Section 3(1)(o) of the SICA. The BIFR appointed IFCI
as the operating agency under Section
Supreme Court of India
Sick
Industrial Companies (Special Provisions) Act, 1985 (for short, 'SICA'). It
is not in dispute that virtually all its assets ... terms of sub-section (4) of
Section 20 of SICA and, thus, it was BIFR alone which could issue
Supreme Court of India
Sick Industrial Companies (Special Provisions)
Act, 1985 (for short SICA 1985) and the decree cannot be executed
against their estate ... that under the provisions of section 22 of
the SICA 1985, the guarantors cannot plead that the proceedings against
them
Bombay High Court
Sick
Industrial Companies (Special Provisions) Act (in short, "the SICA") to
the BIFR. In the said reference, it was stated ... company under the provisions of
section 15 of the SICA. Consequently, BIFR appointed the Bank of Baroda
as the operating
Delhi High Court
Sick Industrial
Companies (Special provisions) Act, 1984 (SICA) vis-`-vis the Companies
Act, 1956 (1956 Act) is in question ... There were
other secured and unsecured creditors also.
Proceedings under SICA
2
4. Respondent being unable to pay the dues
Supreme Court of India
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