https://www.taxtmi.com/caselaws?id=111363 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 operates only when an inquiry is pending, a scheme is under preparation or consideration, or a sanctioned scheme is under implementation; it is not an absolute bar to recovery. The Madras HC held that the protection does not extend to completed proceedings or to recovery of dues where no live BIFR or AAIFR process subsists. As no qualifying scheme or pending claim existed on the facts, the petitioner could not resist recovery of sales tax arrears under section 22, and the challenge failed. en-us Tue, 14 Nov 2006 00:00:00 +0530 Thu, 13 Mar 2014 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111363 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 operates only when an inquiry is pending, a scheme is under preparation or consideration, or a sanctioned scheme is under implementation; it is not an absolute bar to recovery. The Madras HC held that the protection does not extend to completed proceedings or to recovery of dues where no live BIFR or AAIFR process subsists. As no qualifying scheme or pending claim existed on the facts, the petitioner could not resist recovery of sales tax arrears under section 22, and the challenge failed. Case-Laws VAT and Sales Tax Tue, 14 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111363