Sica: The Sick Industrial Companies (Special Provisions) ACT 1985 (A First Hand Account)
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Book ID : 13140
ISBN-10 : 81-7391-442-7 / 8173914427
ISBN-13 : 978-81-7391-442-3 / 9788173914423
of Publication :
of Publication :
Language : English
xii, 249p., Tables, App., Annex., Index, 23 cm.
The book answers the most fundamentals questions that would be in the minds of those wanting either to make a reference to the Board for Industrial and Financial reconstruction in terms of SICA for determinaiton of measures for rehabilitation of a sick industrial company or to take over a sick industrial company for converting that into a profitable company or to attempt to recover their dues from a sick industrial company. The author having seen BIFR from very close angle for a long period has sought to answer various points of doubt that creeps into the minds of all those connected with sick industrial companies in a face-to-face discussion manner. The book has been seen by a few subject experts, including Shri Ashok Chandra, an ex-Member of BIFR. They have been unanimous in their view that the book is capable of clearing the doubts of managers and officers connected with sick industrial companies as also the Practising company secretaries/chartered accountants. The students of Company Secretary's and Chartered Accountant's courses should also benefit substantially from the book. The book should also be a ready reckoner for the practising consultants/advocates taking up cases of sick industrial companies or associated with the proceedings before BIFR/AAIFR. Almost all the chapters included in the book, particularly the chapter dealing with various court decisions, should be of immense utility to all concerned.