https://www.taxtmi.com/caselaws?id=159055 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 applies only where a statutory trigger is actually in existence, such as a pending inquiry, scheme preparation or consideration, implementation of a sanctioned scheme, or a pending appeal. Where the earlier rehabilitation scheme has failed, has not been implemented, and no revised scheme is under preparation or consideration, the protective bar against recovery proceedings does not operate. On that basis, certificate proceedings for sales tax recovery and the restraint on operation of the bank account were not invalidated by section 22. en-us Tue, 25 Feb 1997 00:00:00 +0530 Thu, 14 Nov 2013 13:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159055 Section 22 of the Sick Industrial Companies (Special Provisions) Act, 1985 applies only where a statutory trigger is actually in existence, such as a pending inquiry, scheme preparation or consideration, implementation of a sanctioned scheme, or a pending appeal. Where the earlier rehabilitation scheme has failed, has not been implemented, and no revised scheme is under preparation or consideration, the protective bar against recovery proceedings does not operate. On that basis, certificate proceedings for sales tax recovery and the restraint on operation of the bank account were not invalidated by section 22. Case-Laws VAT and Sales Tax Tue, 25 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159055