Sick Industrial Companies (Special Provisions) Act, 1985 alongwith BIFR & other allied Rules

This authoritative volume compiles the complete and updated text of the Sick Industrial Companies (Special Provisions) Act, 1985, together with the BIFR Rules and allied notifications, offering a detailed understanding of India’s historical legal framework for identifying and rehabilitating sick industries. The Act outlines mechanisms for determining industrial sickness, mandatory references by companies, and the processes followed by the Board for Industrial and Financial Reconstruction (BIFR) in conducting inquiries, formulating revival schemes, or recommending winding-up. The inclusion of allied rules and procedures provides clarity on documentation, timelines, inquiry formats, appeal provisions, and enforcement of BIFR directives. With structured sections, precise cross-referencing, and easy navigation, this edition is an invaluable resource for advocates, insolvency professionals, corporate legal teams, academicians, and policymakers seeking a comprehensive view of pre-IBC industrial restructuring mechanisms. Though SICA has been repealed, its provisions remain relevant for legacy matters and historical legal study, making this book an essential reference for understanding India’s evolution in insolvency and industrial rehabilitation law.