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Board for Industrial and Financial Reconstruction

1987 establishments in India2016 disestablishments in IndiaBusiness failuresFinance in IndiaGovernment agencies disestablished in 2016
Government agencies established in 1987Government agencies of IndiaIndustrial history of IndiaMinistry of Finance (India)Modi administrationQuasi-judicial bodies of IndiaRajiv Gandhi administrationUse Indian English from February 2016Vague or ambiguous time from May 2012

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 Narendra 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.

Excerpt from the Wikipedia article Board for Industrial and Financial Reconstruction (License: CC BY-SA 3.0, Authors).

Board for Industrial and Financial Reconstruction
Tolstoy Marg, New Delhi

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N 28.625846 ° E 77.220299 °
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Cottage Emporium

Tolstoy Marg
110001 New Delhi (Chanakya Puri Tehsil)
Delhi, India
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