https://www.taxtmi.com/caselaws?id=104561 Statutory protection from customs recovery under the Bombay Relief Undertakings (Special Provisions) Act, 1958 was unavailable because the Customs Act, 1962 was not shown to fall within the Act's scheduled coverage, and the alternative takeover-based protection was not attracted. Mere registration of a reference before the Board for Industrial and Financial Reconstruction did not amount to commencement of enquiry under the Sick Industrial Companies (Special Provisions) Act, 1985, so it did not by itself confer sick-industrial-undertaking status. On both grounds, the request to modify the stay order failed and the deposit condition continued to operate. en-us Mon, 30 Jul 2001 00:00:00 +0530 Wed, 29 Feb 2012 15:53:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104561 Statutory protection from customs recovery under the Bombay Relief Undertakings (Special Provisions) Act, 1958 was unavailable because the Customs Act, 1962 was not shown to fall within the Act's scheduled coverage, and the alternative takeover-based protection was not attracted. Mere registration of a reference before the Board for Industrial and Financial Reconstruction did not amount to commencement of enquiry under the Sick Industrial Companies (Special Provisions) Act, 1985, so it did not by itself confer sick-industrial-undertaking status. On both grounds, the request to modify the stay order failed and the deposit condition continued to operate. Case-Laws Customs Mon, 30 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104561