Section 22(1) SICA: Only Applies to Execution or Distress Actions Against Sick Company Properties, Not Recovery Suits. https://www.taxtmi.com/highlights?id=6755 As all suits including that of recovery are not hit by Section 22 (1) of the SICA, but, only those suits which have the effect of execution, distress or like action against the properties of sick company - HC en-us Fri, 08 Feb 2013 06:41:49 +0530 Fri, 08 Feb 2013 06:41:49 +0530 TaxTMI RSS Generator Section 22(1) SICA: Only Applies to Execution or Distress Actions Against Sick Company Properties, Not Recovery Suits. https://www.taxtmi.com/highlights?id=6755 As all suits including that of recovery are not hit by Section 22 (1) of the SICA, but, only those suits which have the effect of execution, distress or like action against the properties of sick company - HC Highlights Companies Law Fri, 08 Feb 2013 06:41:49 +0530 https://www.taxtmi.com/highlights?id=6755