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    <title>2001 (11) TMI 914 - HIGH COURT OF MADRAS</title>
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    <description>A winding up order made before any legally established BIFR reference was shown to be pending was treated as valid when passed, and its later challenge failed because the statutory bar under section 22 had not been demonstrated on that date. However, once a valid reference was pending, section 22 could still suspend further proceedings in the company petition even after the winding up order, because such an order does not end the company court process but begins the winding up stage. The winding up order remained undisturbed, while further proceedings were stayed until disposal of the reference.</description>
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    <pubDate>Fri, 30 Nov 2001 00:00:00 +0530</pubDate>
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      <title>2001 (11) TMI 914 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=106554</link>
      <description>A winding up order made before any legally established BIFR reference was shown to be pending was treated as valid when passed, and its later challenge failed because the statutory bar under section 22 had not been demonstrated on that date. However, once a valid reference was pending, section 22 could still suspend further proceedings in the company petition even after the winding up order, because such an order does not end the company court process but begins the winding up stage. The winding up order remained undisturbed, while further proceedings were stayed until disposal of the reference.</description>
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      <pubDate>Fri, 30 Nov 2001 00:00:00 +0530</pubDate>
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