https://www.taxtmi.com/caselaws?id=332048 The High Court held that SICA-based objections to coercive recovery should not be decided for the first time in writ proceedings at the stage of a stay application. Where the petitioner claimed sick industrial company status and asserted that a pending reference under Section 15(1) and the protections under Sections 16 and 22 applied, the appropriate course was to let the Tribunal examine those contentions in the first instance. The impugned stay order was quashed and the stay application was restored to the Tribunal for fresh consideration in accordance with law. en-us Tue, 02 Aug 2016 00:00:00 +0530 Thu, 08 Sep 2016 23:01:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332048 The High Court held that SICA-based objections to coercive recovery should not be decided for the first time in writ proceedings at the stage of a stay application. Where the petitioner claimed sick industrial company status and asserted that a pending reference under Section 15(1) and the protections under Sections 16 and 22 applied, the appropriate course was to let the Tribunal examine those contentions in the first instance. The impugned stay order was quashed and the stay application was restored to the Tribunal for fresh consideration in accordance with law. Case-Laws Indian Laws Tue, 02 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332048