https://www.taxtmi.com/caselaws?id=109730 State Government relief issued for rehabilitation of a sick industrial company was held to bind the Commercial Tax Department, because section 32(10)(a) of the Madhya Pradesh Commercial Tax Act, 1994 permits additional time, instalments, or stay of recovery on genuine hardship and was treated as wider than section 22 of the Sick Industrial Companies Act. Relief could extend to dues arising after the Board for Industrial and Financial Reconstruction cut-off date. As the recovery and cancellation orders ignored the communication, they were unsustainable; the registration cancellation was quashed, the matter was remitted for reconsideration in line with the communication, and the petitioner was allowed to continue business pending fresh decision. en-us Thu, 10 Oct 2002 00:00:00 +0530 Wed, 11 Apr 2012 15:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109730 State Government relief issued for rehabilitation of a sick industrial company was held to bind the Commercial Tax Department, because section 32(10)(a) of the Madhya Pradesh Commercial Tax Act, 1994 permits additional time, instalments, or stay of recovery on genuine hardship and was treated as wider than section 22 of the Sick Industrial Companies Act. Relief could extend to dues arising after the Board for Industrial and Financial Reconstruction cut-off date. As the recovery and cancellation orders ignored the communication, they were unsustainable; the registration cancellation was quashed, the matter was remitted for reconsideration in line with the communication, and the petitioner was allowed to continue business pending fresh decision. Case-Laws Companies Law Thu, 10 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109730