https://www.taxtmi.com/caselaws?id=156045 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 was confined to winding-up, execution, distress, and similar proceedings against a company's property, and did not extend to criminal prosecution for failure to pay sales tax collected from purchasers and due to the Government. Sanction for prosecution was only a pre-initiation step and was not itself a barred proceeding under section 22. The court therefore held that neither sanction nor initiation of criminal prosecution for statutory tax default was prohibited, and the challenge to the sanction order failed. en-us Wed, 11 Oct 1989 00:00:00 +0530 Thu, 12 Sep 2013 16:23:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156045 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 was confined to winding-up, execution, distress, and similar proceedings against a company's property, and did not extend to criminal prosecution for failure to pay sales tax collected from purchasers and due to the Government. Sanction for prosecution was only a pre-initiation step and was not itself a barred proceeding under section 22. The court therefore held that neither sanction nor initiation of criminal prosecution for statutory tax default was prohibited, and the challenge to the sanction order failed. Case-Laws VAT and Sales Tax Wed, 11 Oct 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156045