https://www.taxtmi.com/caselaws?id=436883 A sanctioned rehabilitation scheme under the Sick Industrial Companies (Special Provisions) Act, 1985, once circulated under Section 19(2) and left without timely consent or objection, is treated as deemed consent and becomes binding. The scheme prevails over inconsistent legal claims by virtue of Section 32(1), including claims for statutory dues expressly covered by the rehabilitation arrangement. Where ESI dues are dealt with in the approved scheme, the authority cannot later seek recovery in a manner inconsistent with that scheme, and any recovery order contrary to the sanctioned arrangement is unsustainable. en-us Mon, 06 Feb 2023 00:00:00 +0530 Sat, 22 Apr 2023 09:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436883 A sanctioned rehabilitation scheme under the Sick Industrial Companies (Special Provisions) Act, 1985, once circulated under Section 19(2) and left without timely consent or objection, is treated as deemed consent and becomes binding. The scheme prevails over inconsistent legal claims by virtue of Section 32(1), including claims for statutory dues expressly covered by the rehabilitation arrangement. Where ESI dues are dealt with in the approved scheme, the authority cannot later seek recovery in a manner inconsistent with that scheme, and any recovery order contrary to the sanctioned arrangement is unsustainable. Case-Laws Indian Laws Mon, 06 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436883