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Feb 27 1998

Keshari Steels and anr. Vs. M.P. Electricity Board and ors.

Court : Madhya Pradesh

Decided on : Feb-27-1998

Subject : SICA

Acts : Sick Industrial Companies (Special Provisions) Act, 1986 - Sections 22

Reported in : AIR1999MP83; [1999]98CompCas180(MP); 1998(1)MPLJ32

Khan, J.1. The million -- dollar question that falls for determination is whether the Bank guarantees executed at the behest of appellants in favour of M.P. Electricity Board fall under the protective umbrella of Section 22...

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