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[Cites 0, Cited by 0] [Section 3] [Entire Act]

State of Bihar - Subsection

Section 3(3) in Bihar industrial Incentive Policy, 2006

3.1Rehabilitation of Sick Units. - Industrial sickness is a part of the process of industrialization. It leads to unemployment, blockage of capital, loss.of State Revenue and non-utilisation of assets. Hence it is necessary to take proper steps in order to rehabilitate the sick industries. The Government is concerned about this and would take the following steps to stem sickness and revive sick industries.