https://www.taxtmi.com/caselaws?id=113990 The Karnataka High Court held that section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 does not prevent prosecution proceedings against a company for non-payment of provident fund dues. The court emphasized that the protection under section 22 does not extend to criminal proceedings. The court advised the Magistrate to assess mitigating circumstances and consider leniency in imposing penalties. The petitioners' remittance of all dues did not automatically absolve them from penal consequences. The court disposed of the criminal original petitions, leaving the decision on prosecution sustainability to the Magistrate. en-us Thu, 29 Oct 2009 00:00:00 +0530 Tue, 28 Oct 2014 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113990 The Karnataka High Court held that section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 does not prevent prosecution proceedings against a company for non-payment of provident fund dues. The court emphasized that the protection under section 22 does not extend to criminal proceedings. The court advised the Magistrate to assess mitigating circumstances and consider leniency in imposing penalties. The petitioners' remittance of all dues did not automatically absolve them from penal consequences. The court disposed of the criminal original petitions, leaving the decision on prosecution sustainability to the Magistrate. Case-Laws Companies Law Thu, 29 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113990