Board for Industrial and Financial Reconstruction
in New Delhi, IndiaCategory: Attraction
3 views 
0 shares 
0 comments
set bookmark!
Created/changed by:
System
Address details
40, Tolstoy Rd, Atul Grove Road, Janpath, Connaught Place, New Delhi, Delhi 110001, India Print route »
Phone & WWW
Business hours
Info
The Board for Industrial and Financial Reconstruction (BIFR) was an agency of the Government of India, part of the Department of Financial Services of the Ministry of Finance. Set up in January 1987 by the Rajiv Gandhi government, its objective was to determine sickness of industrial companies and to assist in reviving those that may be viable and shutting down the others. On 1 December 2016, the Modi government dissolved BIFR and referred all proceedings to the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT) as per provisions of Insolvency and Bankruptcy Code.
