https://www.taxtmi.com/caselaws?id=284679 Section 20(2) of the Sick Industrial Companies (Special Provisions) Act, 1985 was construed as requiring the High Court to consider the Board's opinion in winding-up proceedings, while preserving the High Court's own statutory duty to decide whether winding up should be ordered. On that construction, the provision was held constitutionally valid, and the High Court's view was accepted. The challenge to the validity of the provision therefore failed, and the special leave petition was dismissed. en-us Mon, 17 Apr 1995 00:00:00 +0530 Tue, 03 Dec 2019 11:35:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284679 Section 20(2) of the Sick Industrial Companies (Special Provisions) Act, 1985 was construed as requiring the High Court to consider the Board's opinion in winding-up proceedings, while preserving the High Court's own statutory duty to decide whether winding up should be ordered. On that construction, the provision was held constitutionally valid, and the High Court's view was accepted. The challenge to the validity of the provision therefore failed, and the special leave petition was dismissed. Case-Laws Companies Law Mon, 17 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284679