https://www.taxtmi.com/caselaws?id=105900 Proceedings under sections 14 and 17 of the Arbitration Act, 1940 for making an award rule of court are not "suits for recovery of money" within section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985. The term "suit" was given its ordinary civil meaning, referring to a proceeding instituted by plaint, and not to arbitration-related proceedings that do not commence in that manner. The contrast between "suit" and the broader term "proceedings" in the same provision, together with the separate treatment of awards under section 22(3), showed that the stay provision was confined to civil suits and did not automatically extend to arbitral awards. en-us Wed, 24 Jan 2001 00:00:00 +0530 Sat, 10 Mar 2012 13:29:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105900 Proceedings under sections 14 and 17 of the Arbitration Act, 1940 for making an award rule of court are not "suits for recovery of money" within section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985. The term "suit" was given its ordinary civil meaning, referring to a proceeding instituted by plaint, and not to arbitration-related proceedings that do not commence in that manner. The contrast between "suit" and the broader term "proceedings" in the same provision, together with the separate treatment of awards under section 22(3), showed that the stay provision was confined to civil suits and did not automatically extend to arbitral awards. Case-Laws Companies Law Wed, 24 Jan 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105900