UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 2
February-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1902G15


Registration ID:
506719

Page Number

116-122

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Title

AN ANALYSIS OF THE EFFECTS OF THE LEGAL FRAMEWORK OF SICK INDUSTRIAL UNITS ON SICK INDUSTRY MANAGEMENT

Abstract

When a company in the industrial sector consistently experiences losses year after year, fails to meet its financial obligations, and has a low return on investment it can be term that company is stricken with industrial illness. The industrially sick company needs frequent infusions of external capital to meet its expenditure needs. When a company's investors and creditors both stop receiving profits, the business suffers. Industry sickening is a worldwide crisis that has permeated both the corporate and public sectors. As long as the government, financial institutions, and management give the issue their full attention, industrial disease can be avoided. The health of the economy as a whole is vulnerable to industry sickness. Industrial unit sickness is widespread in third world countries. It has been discovered that there is a wide range in disease severity even among developed nations. It is in the national interest for ailing industries to be rehabilitated if at all possible, or for their assets to be liquidated and the money used in a more productive way. The purpose of this study is to draw attention to and provide a critical analysis of the legislative framework of sick industries and their influence on management from India's perspective, while also comparing and contrasting the situation in other countries and offering recommendations. Assuming five countries with significant world economies, this study will accurately depict the worldwide condition

Key Words

AN ANALYSIS OF THE EFFECTS OF THE LEGAL FRAMEWORK OF SICK INDUSTRIAL UNITS ON SICK INDUSTRY MANAGEMENT

Cite This Article

"AN ANALYSIS OF THE EFFECTS OF THE LEGAL FRAMEWORK OF SICK INDUSTRIAL UNITS ON SICK INDUSTRY MANAGEMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.116-122, February-2019, Available :http://www.jetir.org/papers/JETIR1902G15.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"AN ANALYSIS OF THE EFFECTS OF THE LEGAL FRAMEWORK OF SICK INDUSTRIAL UNITS ON SICK INDUSTRY MANAGEMENT", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp116-122, February-2019, Available at : http://www.jetir.org/papers/JETIR1902G15.pdf

Publication Details

Published Paper ID: JETIR1902G15
Registration ID: 506719
Published In: Volume 6 | Issue 2 | Year February-2019
DOI (Digital Object Identifier):
Page No: 116-122
Country: -, -, India .
Area: Engineering
ISSN Number: 2349-5162
Publisher: IJ Publication


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