Section 5: Constitution of Appellate Authority .-(1) The Central Government may, by notification, constitute, with effect from such date as may be specified therein, an Appellate Authority to be called the "Appellate Authority for Industrial and Financial Reconstruction" consisting of a Chairman and not more than three other Members, to be appointed by that Government, for hearing appeals against the orders of the Board under this Act

Q: What does Section 5 of The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) deal with?

Section 5 SICA pertains to "Constitution of Appellate Authority .-(1) The Central Government may, by notification, constitute, with effect from such date as may be specified therein, an Appellate Authority to be called the "Appellate Authority for Industrial and Financial Reconstruction" consisting of a Chairman and not more than three other Members, to be appointed by that Government, for hearing appeals against the orders of the Board under this Act". It is part of the The Sick Industrial Companies (Special Provisions) Act, 1985, a legislation enacted by the Parliament of India. Section 5 of The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) governs constitution of Appellate Authority .-(1) The Central Government may, by notification, constitute, with effect from such date as may be specified therein, an Appellate Authority to be called the "Appellate Authority for Industrial and Financial Reconstruction" consisting of a Chairman and not more than three other Members, to be appointed by that Government, for hearing appeals against the orders of the Board under this Act. As verified on 19 May 2026.

Q: Is Section 5 SICA still in force?

Yes, Section 5 of the The Sick Industrial Companies (Special Provisions) Act, 1985 is currently in force across the Republic of India.

Q: What is धारा 5 SICA?

धारा 5 SICA is the Devanagari Hindi reference for Section 5 of the The Sick Industrial Companies (Special Provisions) Act, 1985. Section 5 of The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) governs constitution of Appellate Authority .-(1) The Central Government may, by notification, constitute, with effect from such date as may be specified therein, an Appellate Authority to be called the "Appellate Authority for Industrial and Financial Reconstruction" consisting of a Chairman and not more than three other Members, to be appointed by that Government, for hearing appeals against the orders of the Board under this Act. As verified on 19 May 2026.

Q: What is Dhara 5 SICA?

Dhara 5 SICA is the Roman Hindi reference for Section 5 of the The Sick Industrial Companies (Special Provisions) Act, 1985. "Dhara" means "Section" in Hindi. Section 5 of The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) governs constitution of Appellate Authority .-(1) The Central Government may, by notification, constitute, with effect from such date as may be specified therein, an Appellate Authority to be called the "Appellate Authority for Industrial and Financial Reconstruction" consisting of a Chairman and not more than three other Members, to be appointed by that Government, for hearing appeals against the orders of the Board under this Act. As verified on 19 May 2026.

Q: How to cite Section 5 of The Sick Industrial Companies (Special Provisions) Act, 1985?

Cite as: "Section 5, The Sick Industrial Companies (Special Provisions) Act, 1985 (SICA)" in legal briefs. For academic writing, use the BlueBook format: The Sick Industrial Companies (Special Provisions) Act, 1985, § 5 (India).

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(2)

The Chairman shall be a person who is or has been a Judge of the Supreme Court or who is or has been a Judge of a High Court for not less than five years.

(3)

A Member of the Appellate Authority shall be a person who is or has been a Judge of a High Court or who is or has been an officer not below the rank of a Secretary to the Government of India or who is or has been a Member of the Board for not less than three years.