https://www.taxtmi.com/caselaws?id=109570 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 did not bar execution of a money decree for labour charges arising from painting and signboard work actually performed for a sick industrial company. The statutory suspension of recovery proceedings applies to claims connected with loans, advances, or proceedings of the kind contemplated by the provision, not to a decree for payment due for work rendered. The protective bar was therefore inapplicable, and the stay of execution was unsustainable. en-us Thu, 24 Apr 2003 00:00:00 +0530 Tue, 10 Apr 2012 17:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109570 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 did not bar execution of a money decree for labour charges arising from painting and signboard work actually performed for a sick industrial company. The statutory suspension of recovery proceedings applies to claims connected with loans, advances, or proceedings of the kind contemplated by the provision, not to a decree for payment due for work rendered. The protective bar was therefore inapplicable, and the stay of execution was unsustainable. Case-Laws Companies Law Thu, 24 Apr 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109570