Tolstoy Road, Atul Grove Road, Connaught Place, New Delhi, Delhi, India
BIFR
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BIFR, Tolstoy Road, Atul Grove Road, Connaught Place, New Delhi, Delhi, India
What is this place?
Government Office – This is the office of the Board for Industrial and Financial Reconstruction (BIFR), a former government body in India. It was established to determine the sickness of industrial companies and to assist in their revival or liquidation. While the BIFR itself has been dissolved, this address was historically associated with its operations.
Why people come here
Official Business – Historically, individuals and entities primarily visited this location for official purposes related to industrial and financial restructuring. This would have included meetings, submissions of documents, and other administrative tasks concerning financially distressed companies.
What to expect
Former Office Environment – As a former government office, you would have expected a formal and professional atmosphere. The environment would have been geared towards administrative processes and discussions related to financial and industrial matters.
Good to know
Historical Context – The BIFR was established under the Sick Industrial Companies (Special Provisions) Act, 1985. It was later abolished in 2016, and its functions were largely transferred to the National Company Law Tribunal (NCLT) . Therefore, this address no longer serves its original purpose for BIFR-related activities.
