proposal in sealed cover addressed to the Bench instead of Chairman of BIFR and it got opened in that office which was treated as procedural ... activities of the type mentioned in sec.22(1) to permit the BIFR to consider what remedial measures it should take with respect
Board for Industrial and Financial Reconstruction, hereinafter referred to as "the BIFR", initiated proceedings suo motu on June 26, 1991, under section ... July 7, 1993, the management made a reference to the BIFR under section 15(1) of the SIC Act. The Board fixed the first hearing
appellant made a reference before the Board for Industrial & Financial Reconstruction (BIFR) under Section 15(1) of the SICA. The said application ... registered as Case No.401/2001. The application was rejected by the BIFR by order dated 01.05.2002 against which an appeal was preferred
under the said Act such as Board for Industrial and Financial Reconstruction (BIFR) and Appellate Authority for Industrial and Financial Reconstruction (AIFR) by forming ... IDBI, Debenture Holders, Government of West Bengal and Special Director of BIFR. In compliance with the guidelines issued by the statutory authorities (BIFR & AIFR
same and direct the first respondent to implement the order of the (BIFR) Bench for Industrial and Financial Reconstruction, dated 11.5.2007 in the proper perspective ... Sick Industrial Companies (Special Provisions) Act 1985 by the Order of the BIFR dated 26.7.99 passed in case No. 89 of 1995 and IDBI
sick company now before the Board for Industrial and Financial Reconstruction (BIFR) In C.M.A.No.1071 of 1998, M/s. Gordon Woodroffe ... Rajaram Chhabria) have consistently defrauded the Board for Industrial and Finance Reconstruction (BIFR) Scheme and have been acting against the interest of the company
amount outstanding, would result in the automatic abatement of the proceedings before BIFR, in view of the third proviso to section ... Whether the secured creditors are obliged to seek permission of BIFR, for taking action under Section 13(4) , for bringing to an end the proceedings
sustained loss during the last two years and it has approached the BIFR and the said BIFR had just registered the reference under Section ... hence when proceedings are pending before the BIFR, no action can be taken by the respondent, or an order of adjudication or order could
passed by the Board for Industrial
and Financial Reconstruction (in short "BIFR") dated 23-4-2002 in BIFR Case ... being illegal, arbitrary and unconstitutional
and consequently direct the first respondent BIFR to go ahead with the
Rehabilitation Scheme prepared pursuant to its proceedings dated
Company become a sick company. The Board for Industrial and Financial Reconstruction (BIFR), at its hearing held on 17.08.2005, declared the appellant Company ... General Manager, M/s. IFCI Limited (Operating Agency appointed by the BIFR) from the Assistant Provident Fund Commissioner (Compliance & Recovery), informing