BIFR

Definition : Board of Industrial and Financial Reconstruction
Category : Governmental » Departments & Agencies
Country/Region : India India
Popularity :

What does BIFR mean?

Board for Industrial and Financial Reconstruction (BIFR) was a board set up by the Government of India, in order to tackle the problem of industrial sickness, under the purview of Sick Industrial Companies. It had been established as a quasi-judicial body in the Department of Economic Affairs, Ministry of Finance, for revival and rehabilitation of potentially sick undertakings and for closure/liquidation of non-viable and sick industrial companies.

Frequently Asked Questions (FAQ)

What is the full form of BIFR?

The full form of BIFR is Board of Industrial and Financial Reconstruction

What is the full form of BIFR in Governmental?

Board of Industrial and Financial Reconstruction

What is the full form of BIFR in India?

Board of Industrial and Financial Reconstruction