Description
Industrial sickness is defined in India as "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
What is sickness
? Sickness is a problem
? It can be seen in two ways ...
REHABILITATION OF SICK UNITS
As per the rehabilitation package of RBI, 14 accounts with aggregate balance of Rs. 16.60 crore were put under nursing programmes during the current financial year.
During this period, through various measures initiated for recovery a sum of Rs.24.77 crore was...