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Bifr

(Querist) 06 November 2011 This query is : Resolved 
as per law in BIFR CASES:
1. WHAT IS MAXIMUM NUMBER OF YEARS THAT A STATE GOVT COMPANY CAN BE UNDER BIFR STATUS even though it is functioning normally without closure..
2. WHAT IS MAXIMUM FUNDING A STATE GOVT COMPANY CAN RECEIVE UNDER BIFR STATUS.
2.IF COMPANY IS RECEIVING CRORES OF RUPEES FROM STATE GOVT and functioning normally CAN BANKS APPROOVE OTS scheme allowing reduction in payment of interest and principal dues.
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prabhakar singh (Expert) 06 November 2011
visit :http://bifr.nic.in/
to know what ever you want to know about.

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