https://www.taxtmi.com/caselaws?id=101983 Winding up proceedings against a company declared sick could not continue while inquiry and revival proceedings were pending before the Board, because the special statutory regime under the Sick Industrial Companies Act suspended such action unless the Board or appellate authority consented. The High Court therefore could not proceed with the petitions in the absence of that consent, and the earlier appointment of a receiver did not displace the later statutory bar. The operative effect was that the winding up petitions were dismissed until the statutory process for sickness and revival had run its course. en-us Mon, 17 Sep 1990 00:00:00 +0530 Mon, 13 Feb 2012 13:15:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101983 Winding up proceedings against a company declared sick could not continue while inquiry and revival proceedings were pending before the Board, because the special statutory regime under the Sick Industrial Companies Act suspended such action unless the Board or appellate authority consented. The High Court therefore could not proceed with the petitions in the absence of that consent, and the earlier appointment of a receiver did not displace the later statutory bar. The operative effect was that the winding up petitions were dismissed until the statutory process for sickness and revival had run its course. Case-Laws Companies Law Mon, 17 Sep 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101983