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M J Antony: Firms on the rock
Whether the Sick Industrial Companies Act (SICA) has done more good than harm is an existential question that is difficult to answer. One view is that malingerers invoke it more often than those who need restorative or palliative care. For this reason, there was an attempt to repeal the Act in 2003, but it had a miraculous escape since the law to rescind it was allowed to lapse. Thus, the twice-born