https://www.taxtmi.com/caselaws?id=104068 On registration of a reference under the sickness-revival law, the statutory stay applies immediately to all further winding-up proceedings, including incidental steps by the official liquidator to take possession, so those steps cannot continue. A provisional liquidator's appointment does not extinguish all powers of the board; residuary powers necessary for rehabilitation remain with the board, so it may validly move the BIFR unless lawfully divested. Alleged suppression of facts does not make the reference non est; the proper course is to seek recall or other relief before the forum concerned. en-us Tue, 19 Jan 1999 00:00:00 +0530 Mon, 27 Feb 2012 15:14:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104068 On registration of a reference under the sickness-revival law, the statutory stay applies immediately to all further winding-up proceedings, including incidental steps by the official liquidator to take possession, so those steps cannot continue. A provisional liquidator's appointment does not extinguish all powers of the board; residuary powers necessary for rehabilitation remain with the board, so it may validly move the BIFR unless lawfully divested. Alleged suppression of facts does not make the reference non est; the proper course is to seek recall or other relief before the forum concerned. Case-Laws Companies Law Tue, 19 Jan 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104068