|Definition||:||Sick Industrial Companies Act|
|Category||:||Governmental » Policies & Programs|
What does SICA mean?
The Sick Industrial Companies (Special Provisions) Act, 1985 commonly known as the SICA was enacted with a view to securing the timely detection of sick and potential sick companies owning industrial undertakings, the speedy determination by a body of experts of the preventive, remedial and other measure which need to be taken with respect to such companies.
Frequently Asked Questions (FAQ)
What is the full form of SICA?
The full form of SICA is Sick Industrial Companies Act