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2011 (5) TMI 842 - HIGH COURT OF DELHIWrit petition - BIFR - AAIFR - Whether reference was non-maintainable on the sole ground that on the date of institution of the reference it was not an industrial company within the meaning of section 3(1)(e) of the Sick Industrial Companies – Held that:- execution of the sale deed in favour of the auction-purchaser and transfer of the land by the Noida Authority. BIFR being cognizant of the fact that the petitioner had been dispossessed of its plant and machinery way back in March-April, 2003, i.e., even before it had registered its reference with it, rightly held that the reference of the petitioner was 'non-maintainable'. The AAIFR, in turn, put its seal of approval on the approach adopted by the BIFR. writ petition is dismissed
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