https://www.taxtmi.com/caselaws?id=109073 Registration of a reference with BIFR after scrutiny is treated as commencement of an inquiry under section 16(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, so section 22(1) bars coercive recovery of past sales-tax dues without the Board's consent. The protection, however, does not extend to sales-tax collected from purchasers during the pendency of the reference and before any rehabilitation scheme is sanctioned, because such current collections are treated as amounts payable to the State and not as funds the company may retain. The company is therefore shielded only against recovery of prior dues, not against prospective payment of current collections. en-us Wed, 31 Mar 2004 00:00:00 +0530 Wed, 12 Feb 2014 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109073 Registration of a reference with BIFR after scrutiny is treated as commencement of an inquiry under section 16(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, so section 22(1) bars coercive recovery of past sales-tax dues without the Board's consent. The protection, however, does not extend to sales-tax collected from purchasers during the pendency of the reference and before any rehabilitation scheme is sanctioned, because such current collections are treated as amounts payable to the State and not as funds the company may retain. The company is therefore shielded only against recovery of prior dues, not against prospective payment of current collections. Case-Laws Companies Law Wed, 31 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109073