Industrial sickness
In India, multi-year major losses in industrial companies
title: "Industrial sickness" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["secondary-sector", "business-failures"] description: "In India, multi-year major losses in industrial companies" topic_path: "general/secondary-sector" source: "https://en.wikipedia.org/wiki/Industrial_sickness" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0
::summary In India, multi-year major losses in industrial companies ::
In Indian law, industrial sickness is a category for severely underperforming, loss-making industrial companies.
Definition
The Sick Industrial Companies (Special Provisions) Act, 1985 defines a "sick industrial company" 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 its entire net worth".
References
- Sick Industrial Companies (Special Provisions) Act, 1985, http://legalpundits.com/Content_folder/SICKA24092008.pdf
- https://www.scribd.com/doc/19150346/Industrial-Sickness-of-India
References
::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::