https://www.taxtmi.com/caselaws?id=101403 A condition in a notification issued under section 4 of the Tamil Nadu Relief Undertakings (Special Provisions) Act, 1969 could not be enforced so as to negate the statutory suspension of contracts, agreements and liabilities granted to the relief undertaking. The court held that a creditor-wise instalment arrangement, dependent on third-party consent, was inconsistent with the main operative protection and could not override it. The substantive suspension therefore prevailed, the company retained section 4 protection, and winding-up proceedings were not maintainable during the currency of the notifications. en-us Wed, 24 Apr 1985 00:00:00 +0530 Thu, 09 Feb 2012 16:24:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101403 A condition in a notification issued under section 4 of the Tamil Nadu Relief Undertakings (Special Provisions) Act, 1969 could not be enforced so as to negate the statutory suspension of contracts, agreements and liabilities granted to the relief undertaking. The court held that a creditor-wise instalment arrangement, dependent on third-party consent, was inconsistent with the main operative protection and could not override it. The substantive suspension therefore prevailed, the company retained section 4 protection, and winding-up proceedings were not maintainable during the currency of the notifications. Case-Laws Companies Law Wed, 24 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101403