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Home › All Judgements › In Re Ashok Organic Industries (Bombay High Court)

In Re Ashok Organic Industries (Bombay High Court)

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DATE: (Date of pronouncement)
DATE: January 31, 2008 (Date of publication)
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The Sick Inndustrial Companies Act is a complete code and during the pendency of a reference, an industrial company cannot apply to the High Court for sanctioning a scheme under ss. 391 to 394 of the Companies Act. The principles to deal with conflicts between two statutes is discussed in detail.

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