https://indianpedia.org/index.php?action=history&feed=atom&title=Industrial_sickness 2026-07-31T11:40:06Z Revision history for this page on the wiki MediaWiki 1.45.4 https://indianpedia.org/index.php?title=Industrial_sickness&diff=504479&oldid=prev 2025-12-08T21:53:30Z

<p></p> <p><b>New page</b></p><div>{{Short description|In India, multi-year major losses in industrial companies}}<br /> {{for|information on diseases caused by industrial work|Occupational disease}}<br /> {{Multiple issues|<br /> {{dicdef|date=June 2024}}<br /> {{no footnotes|date=November 2011}}<br /> {{Globalize|2=India|date=November 2018}}<br /> }}<br /> <br /> In Indian law, &#039;&#039;&#039;industrial sickness&#039;&#039;&#039; is a category for severely underperforming, loss-making industrial companies.<br /> <br /> ==Definition==<br /> The Sick Industrial Companies (Special Provisions) Act, 1985 defines a &quot;sick industrial company&quot; as &quot;an industrial company (being a company registered for not less than five years) which has at the end of any financial year accumulated losses equal to or exceeding its entire net worth&quot;.&lt;ref&gt;{{Cite web|url=https://lddashboard.legislative.gov.in/sites/default/files/A1986-1.pdf|title=Sick Industrial Companies (Special Provisions) Act, 1985|website=Legislative Department, Government of India}}&lt;/ref&gt;<br /> <br /> ==References==<br /> {{reflist}}<br /> * Sick Industrial Companies (Special Provisions) Act, 1985, http://legalpundits.com/Content_folder/SICKA24092008.pdf<br /> * https://www.scribd.com/doc/19150346/Industrial-Sickness-of-India<br /> * {{cite news |last1=Murlidharan |first1=S. |title=Sickening definition of sickness |url=https://www.thehindubusinessline.com/todays-paper/tp-others/tp-accountancy/article28869522.ece |access-date=5 July 2024 |work=Business Line |date=15 July 2004 |archive-url=https://web.archive.org/web/20191203161321/https://www.thehindubusinessline.com/todays-paper/tp-others/tp-accountancy/article28869522.ece |archive-date=3 December 2019}}<br /> <br /> ==Further reading==<br /> * Industrial Sickness, According to information compiled by. RBI from scheduled commercial banks, as of March 31, 2001. http://indiabudget.nic.in/es2001-02/chapt2002/chap79.pdf {{Webarchive|url=https://web.archive.org/web/20120423174347/http://indiabudget.nic.in/es2001-02/chapt2002/chap79.pdf |date=2012-04-23 }}<br /> * F.M. Scherer and David Ross, Industrial Sickness in Private and Joint Sectors, http://isid.org.in/pdf/wp4.pdf {{Webarchive|url=https://web.archive.org/web/20120403224103/http://isid.org.in/pdf/wp4.pdf |date=2012-04-03 }}<br /> <br /> [[Category:Secondary sector]]<br /> [[Category:Business failures]]</div>

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