https://www.taxtmi.com/caselaws?id=104274 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars revenue recovery and other coercive proceedings once a reference is registered and an inquiry under section 16(2) is pending, unless the Board consents. In that setting, a writ of mandamus cannot be used to compel recovery steps against the company. The petitioner also lacked locus standi because he was only a shareholder, not the creditor entitled to the amount, the amount due to him had already been paid, and he had no authorization to act for the society or other employees. The writ petition was therefore not maintainable on both grounds. en-us Mon, 22 Jun 1998 00:00:00 +0530 Tue, 28 Feb 2012 14:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104274 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars revenue recovery and other coercive proceedings once a reference is registered and an inquiry under section 16(2) is pending, unless the Board consents. In that setting, a writ of mandamus cannot be used to compel recovery steps against the company. The petitioner also lacked locus standi because he was only a shareholder, not the creditor entitled to the amount, the amount due to him had already been paid, and he had no authorization to act for the society or other employees. The writ petition was therefore not maintainable on both grounds. Case-Laws Companies Law Mon, 22 Jun 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104274