https://www.taxtmi.com/caselaws?id=101765 Registration of a reference under section 16(1) of the Sick Industrial Companies (Special Provisions) Act was treated as prima facie proof that an inquiry under section 16 was pending, and therefore attracted the protective bar under section 22(1). The statutory scheme was read as suspending further winding up action against a sick industrial company while the Board's inquiry and subsequent measures were ongoing. On that basis, pending winding up petitions could not proceed further and were closed, subject to the possibility of revival if the Board later permitted it. en-us Fri, 11 Nov 1988 00:00:00 +0530 Sat, 11 Feb 2012 10:41:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101765 Registration of a reference under section 16(1) of the Sick Industrial Companies (Special Provisions) Act was treated as prima facie proof that an inquiry under section 16 was pending, and therefore attracted the protective bar under section 22(1). The statutory scheme was read as suspending further winding up action against a sick industrial company while the Board's inquiry and subsequent measures were ongoing. On that basis, pending winding up petitions could not proceed further and were closed, subject to the possibility of revival if the Board later permitted it. Case-Laws Companies Law Fri, 11 Nov 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101765