The Sick Industrial Companies Act of 1985 was enacted following the recommendation of which of the following committees?
Q. The Sick Industrial Companies Act of 1985 was enacted following the recommendation of which of the following committees?
Answer: Tiwari Committee
Notes: The Sick Industrial Companies (Special Provision) Act was enacted by the Government of India in the year 1985. This was based on the recommendations furnished by Tiwari Committee Report (1981), which dealt with widespread industrial sickness in India. Industrial Reconstruction Bank of India was established primarily for the rehabilitation of Sick units.

 

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