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M/S. Bsi Ltd. & Anr vs Gift Holdings Pvt. Ltd. & Anr on 15 February, 2000

The Apex Court then referred to its earlier decision in M/s. BSI Ltd. v. Gift Holdings Pvt. Ltd. 2000 AIR SCW 521 which holds that pendency of proceedings under Section 22(1) of the SICA alone is not ::: Uploaded on - 10/07/2019 ::: Downloaded on - 11/07/2019 02:44:58 ::: 12 cwp740.18.J.odt sufficient to get absolved from the liability under Section 138 of the Act (emphasis supplied).
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