https://www.taxtmi.com/caselaws?id=108955 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 applies only while inquiry under section 16 or related proceedings before the BIFR are pending; once those proceedings are complete and the matter has moved to winding up under section 20, the statutory suspension no longer operates. Recovery action could therefore not be stayed on the basis of section 22. Any issue of revival after reference to winding up had to be pursued before the High Court dealing with the winding-up proceedings, not in a writ challenging the recovery notice. en-us Wed, 10 Apr 2002 00:00:00 +0530 Thu, 05 Apr 2012 11:18:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108955 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 applies only while inquiry under section 16 or related proceedings before the BIFR are pending; once those proceedings are complete and the matter has moved to winding up under section 20, the statutory suspension no longer operates. Recovery action could therefore not be stayed on the basis of section 22. Any issue of revival after reference to winding up had to be pursued before the High Court dealing with the winding-up proceedings, not in a writ challenging the recovery notice. Case-Laws Companies Law Wed, 10 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108955