https://www.taxtmi.com/caselaws?id=105221 Where a reference of a sick industrial company had been registered and an inquiry under the Sick Industrial Companies (Special Provisions) Act, 1985 was still pending, Section 22 operated as a statutory bar against coercive proceedings for recovery from the company's properties without the Board's consent. The court treated excise duty arrears recovery as covered by that protection because the reference had been admitted and the inquiry under Section 16(1) was not concluded. The recovery notices were therefore unsustainable and were quashed. en-us Mon, 05 Jul 1999 00:00:00 +0530 Sat, 03 Mar 2012 11:06:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105221 Where a reference of a sick industrial company had been registered and an inquiry under the Sick Industrial Companies (Special Provisions) Act, 1985 was still pending, Section 22 operated as a statutory bar against coercive proceedings for recovery from the company's properties without the Board's consent. The court treated excise duty arrears recovery as covered by that protection because the reference had been admitted and the inquiry under Section 16(1) was not concluded. The recovery notices were therefore unsustainable and were quashed. Case-Laws Companies Law Mon, 05 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105221