https://www.taxtmi.com/caselaws?id=313917 Section 22(1) of the Sick Industrial Companies Act does not stay a landlord's eviction suit against a sick industrial company because possession proceedings are not coercive recovery proceedings against the company's property. After the 1993 amendment, however, a claim for arrears of rent, damages and mesne profits is a suit for recovery of money and can fall within the statutory bar. That bar applies only if the dues are reckoned in, or covered by, the sanctioned scheme; liabilities arising after the sanctioned scheme are outside it. The eviction relief remained unstayed, while the monetary claim required fresh consideration on whether it was included in the sanctioned scheme. en-us Thu, 29 May 1997 00:00:00 +0530 Thu, 09 May 2024 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313917 Section 22(1) of the Sick Industrial Companies Act does not stay a landlord's eviction suit against a sick industrial company because possession proceedings are not coercive recovery proceedings against the company's property. After the 1993 amendment, however, a claim for arrears of rent, damages and mesne profits is a suit for recovery of money and can fall within the statutory bar. That bar applies only if the dues are reckoned in, or covered by, the sanctioned scheme; liabilities arising after the sanctioned scheme are outside it. The eviction relief remained unstayed, while the monetary claim required fresh consideration on whether it was included in the sanctioned scheme. Case-Laws Companies Law Thu, 29 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313917