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    <title>1998 (12) TMI 558 - HIGH COURT OF BOMBAY</title>
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    <description>Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars civil recovery proceedings, but it does not extend to criminal prosecution for cheque dishonour under section 138 of the Negotiable Instruments Act, 1881. The pendency or registration of proceedings under the sick industrial legislation does not by itself make the underlying debt legally unenforceable for the purpose of section 138. In the absence of any express inconsistency, section 32 also does not displace section 138. The review application therefore failed, and the criminal complaint remained maintainable.</description>
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    <pubDate>Tue, 15 Dec 1998 00:00:00 +0530</pubDate>
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      <title>1998 (12) TMI 558 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=106172</link>
      <description>Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 bars civil recovery proceedings, but it does not extend to criminal prosecution for cheque dishonour under section 138 of the Negotiable Instruments Act, 1881. The pendency or registration of proceedings under the sick industrial legislation does not by itself make the underlying debt legally unenforceable for the purpose of section 138. In the absence of any express inconsistency, section 32 also does not displace section 138. The review application therefore failed, and the criminal complaint remained maintainable.</description>
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      <pubDate>Tue, 15 Dec 1998 00:00:00 +0530</pubDate>
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