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Bharat Heavy Plate And Vessels Ltd. vs Assistant Commissioner Of Central ... on 9 June, 2006 cites

Gram Panchayat And Anr vs Shree Vallabh Glass Works Limited And ... on 15 March, 1990

14. There has been consistent view of the Supreme Court in this regard and 14 reference has been made to a judgment in the case of Gram Panchayat v. Shree Vallabh Glass Works Ltd. . This was a case where dues were sought to be recovered by the Gram Panchayat from a sick company. As in the present case, the company before the Supreme Court, i.e., M/s. Shree Vallabh Glass Works Ltd. was declared to be a sick industrial company within the meaning of Clause (o) of Sub-section (1) of Section 3 of the Act. The Gram Panchayat initiated coercive proceedings under Section 129 of the Bombay Village Panchayats Act to recover a sum of Rs. 9,47,539 stated to be the property tax and other amounts due from the company. The company approached the High Court, claiming protection under Section 22 of the Act. The High Court accepted the writ petition and destrained the petitioners from recovering the said amount without the consent of the Board and the matter landed in the Supreme Court. In paragraphs 7, 8 and 10, the Supreme Court laid down (page 172):
Supreme Court of India Cites 16 - Cited by 132 - K J Shetty - Full Document
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