1998 (7) TMI 561

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....llant has filed this appeal against the order dated June 26, 1998, passed by the company court in Company Petition; No. 22 of 1996 admitting that petition and directing advertisement. The appellant's short case is that he had approached the BIFR for declaring the company sick on June 22, 1998, and had filed an application in this regard before the company court praying for stay of proceedings unde....

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....was placed before the court but he declined and harped on some practice in this court whereby documents and pleadings could be placed before the court bypassing the prescribed procedure in this regard. It does not appear to us a case of non-consideration of the appellant's j application for stay of proceedings. Because no such application was listed before the court on June 26, 1998, which deserv....