https://www.taxtmi.com/caselaws?id=45540 Once a company is registered as sick and the Board directs revival steps, Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 creates a moratorium against execution, distress and other coercive recovery actions against its property unless the Board consents. A detention and attachment notice under the Central Excise Rules was treated as a coercive recovery measure and therefore fell within that statutory bar. The notice was suspended and could not be proceeded with further without the Board's consent, while recoveries of pre-existing dues remained subject to the same embargo. en-us Tue, 29 Feb 2000 00:00:00 +0530 Mon, 12 Mar 2012 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45540 Once a company is registered as sick and the Board directs revival steps, Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 creates a moratorium against execution, distress and other coercive recovery actions against its property unless the Board consents. A detention and attachment notice under the Central Excise Rules was treated as a coercive recovery measure and therefore fell within that statutory bar. The notice was suspended and could not be proceeded with further without the Board's consent, while recoveries of pre-existing dues remained subject to the same embargo. Case-Laws Central Excise Tue, 29 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45540