https://www.taxtmi.com/caselaws?id=305452 Once a reference is registered under Section 15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, the bar in Section 22(1) prevents a winding up proceeding from being entertained or proceeded with unless the Board or Appellate Authority grants sanction. In the absence of such permission, the petition could not be maintained at that stage. The text also notes that Section 22(5) suspends limitation during the pendency of proceedings before the Board or Appellate Authority. en-us Mon, 29 Aug 2005 00:00:00 +0530 Mon, 05 Dec 2022 12:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305452 Once a reference is registered under Section 15(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, the bar in Section 22(1) prevents a winding up proceeding from being entertained or proceeded with unless the Board or Appellate Authority grants sanction. In the absence of such permission, the petition could not be maintained at that stage. The text also notes that Section 22(5) suspends limitation during the pendency of proceedings before the Board or Appellate Authority. Case-Laws Companies Law Mon, 29 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305452