BIFR：工業和金融重組委員會 (BIFR: Board of Industrial and Financial Reconstruction)

BIFR is an abbreviation of the Board of Industrial and Financial Reconstruction. It was an organization of the Government of India and a branch of the Department of Financial Services of the Ministry of Finance. Under the Sick Industrial Companies (Special Provisions) Act (SICA), 1985, it was founded. Its mission was to revitalize and recuperate sick undertakings and shutting down or liquidation of the capacity to develop or happening of sick in the future or not feasible industrial companies. It offered appropriate revitalization packages depending on the nature of the crisis or trouble.

BIFR是工業和金融重組委員會的縮寫 。 它是印度政府的組織，也是財政部金融服務部的一個分支。 根據1985年的《病態工業公司(特殊條款)法》(SICA)成立。 它的任務是振興和恢復生病的企業，并關閉或清算未來或不可行的工業公司發展或發生生病的能力。 它根據危機或麻煩的性質提供了適當的振興方案。

Image source: https://en.wikipedia.org/wiki/Board_for_Industrial_and_Financial_Reconstruction

圖片來源：https://en.wikipedia.org/wiki/Board_for_Industrial_and_Financial_Reconstruction

BIFR目標 (BIFR Objectives)

The BIFR comprises a Chairman and also comprise from two to fourteen other members. The qualification for all the members to be competent as High Court judges or else they should have as a minimum fifteen years of significant professional experience.

BIFR包括主席，還包括2至14個其他成員。 所有成員有資格擔任高等法院法官，否則他們至少應具有十五年的重要專業經驗。

The Board only organizes and manages huge or medium-sized sick industrial companies in which huge quantities have been ruined.

董事會僅組織和管理大量毀壞的大中型病態工業公司。

歷史簡介 (Brief History)

• In the pre-independence days, industrial sickness started in India. In the initial days, the Indian government tried to counteract it with some ad-hock procedures which comprise the Nationalization of Banks to offer provisional help.

  獨立前幾天，印度開始出現工業病。 在最初的日子里，印度政府試圖通過一些臨時措施來抵消它，其中包括銀行國有化以提供臨時幫助。

• In 1975, RBI organized the Tondon committee. After one year in 1976, HN Ray Committee was organized and established. The measures recommended by these committees were not that much suitable and acceptable.

  1975年，印度儲備銀行組織了Tondon委員會。 1976年一年后，HN Ray委員會成立并成立。 這些委員會建議的措施不太合適和可以接受。

• In 1981, Tiwari Committee was formed which recommended wide-ranging legislation to deal with industrial sickness. As a consequence in 1985, the SICA came into existence and in January 1987, the BIFR was founded under SICA.

  1981年成立了Tiwari委員會，該委員會提出了應對工業病的廣泛立法。 因此，SICA于1985年成立，1987年1月，BIFR在SICA之下成立。

• In April 1987, an Appellate Authority for Industrial and Financial Reconstruction (AAIFR) was constituted.

  1987年4月，成立了工業和金融重組上訴機構(AAIFR)。

• In 1991, the Government companies were taken under the purview of SICA. Afterward, it enclosed both public and private companies that have industrial sickness happenings.

  1991年，政府公司受SICA的管轄。 此后，它關閉了發生工業病的上市公司和私營公司。

• In 2001, at that time as the government felt that the BIFR didn’t meet its aims of precautionary industrial sickness Companies, Amendment Bill was introduced.

  2001年，當時政府認為BIFR未能達到其預防工業病公司的目標，因此提出了修正法案。

• In 2003, the Sick Industrial Companies (Special Provisions) Repeal Act was passed which again taken the place of the SICA and required to take place of BIFR and AAIFR with National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT).

  2003年，通過了《病態工業公司(特殊規定)廢除法案》，該法案再次取代了SICA，并要求由國家公司法法庭(NCLT)和國家公司法上訴法庭(NCLAT)取代BIFR和AAIFR。

• On 1 December 2016, the Government of India suspended BIFR through an official announcement and as per Insolvency and Bankruptcy Code, all the actions and measures were to have alluded to the NCLT.

  2016年12月1日，印度政府通過正式公告中止了BIFR，并且根據《破產與破產法》，所有行動和措施均已提到NCLT。

翻譯自: https://www.includehelp.com/dictionary/bifr-full-form.aspx

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