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Definition | : | Sick Industrial Companies Act |
Category | : | Governmental » Policies & Programs |
Country/ Region |
: | India
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Popularity | : |
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The Sick Industrial Companies (Special Provisions) Act, 1985 commonly known as the SICA was enacted with a view to securing the timely detection of sick and potential sick companies owning industrial undertakings, the speedy determination by a body of experts of the preventive, remedial and other measure which need to be taken with respect to such companies.
The full form of SICA is Sick Industrial Companies Act