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Scooters India discharged from purview of BIFR

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Capital Market

No longer a sick company

Scooters India announced that Hon'ble bench of Board for Industrial & Financial Reconstruction, New Delhi has discharged the Company from it's purview on it's ceasing as Sick Industrial Company in terms of the provision of section 3 (1) (0) of Sick Industrial Company (special provision) Act 1985 during recent hearing held on 15 September 2015.

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First Published: Oct 07 2015 | 3:22 PM IST

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