https://www.taxtmi.com/caselaws?id=102172 Section 22(1) of the Sick Industrial Companies Act applies only while a statutory inquiry, scheme, implementation process, or pending appeal remains alive; a mere interim stay of an appellate order does not revive disposed proceedings or create a pending proceeding. On that basis, the protective bar was not attracted. The provision also does not automatically suspend landlord-initiated eviction proceedings against a sick industrial company tenant, because such actions are not proceedings for winding up, execution, distress, or similar recovery against company property. The Court treated the tenant's limited occupancy interest as outside the protection claimed, so the eviction action was not barred. en-us Wed, 29 Apr 1992 00:00:00 +0530 Fri, 24 Oct 2025 16:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102172 Section 22(1) of the Sick Industrial Companies Act applies only while a statutory inquiry, scheme, implementation process, or pending appeal remains alive; a mere interim stay of an appellate order does not revive disposed proceedings or create a pending proceeding. On that basis, the protective bar was not attracted. The provision also does not automatically suspend landlord-initiated eviction proceedings against a sick industrial company tenant, because such actions are not proceedings for winding up, execution, distress, or similar recovery against company property. The Court treated the tenant's limited occupancy interest as outside the protection claimed, so the eviction action was not barred. Case-Laws Companies Law Wed, 29 Apr 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102172