The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) - Complete Bare Act with All 27 Sections | Law on Tips | Law on Tips
The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) is an Indian legislation passed by the Parliament of India. An Act to make special provisions for the timely detection of sick companies and for speedy determination of measures for revival. Repealed by IBC. It contains 27 sections organized across 4 chapters.
The Sick Industrial Companies (Special Provisions) Act, 1985
Act ID: sick-industrial-companies-act-1985
The Sick Industrial Companies (Special Provisions) Act, 1985
"An Act to make special provisions for the timely detection of sick companies and for speedy determination of measures for revival. Repealed by IBC."
Overview
What is The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA)?
The The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) is an Indian legislation containing 27 sections across 4 chapters. An Act to make special provisions for the timely detection of sick companies and for speedy determination of measures for revival. Repealed by IBC.
Sections27 across 4 chapters
Jurisdiction
Republic of India
Passed byParliament of India
AbbreviationSICA
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Procedure of Board and Appellate Authority .-(1) Subject to the provisions of this Act, the Board or, as the case may be, the Appellate Authority, shall have powers to regulate