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1999 (7) TMI 680 - HC - Companies LawExtract: .......Sick Industrial Companies (Special Provisions) Act, 1985 will have to be stayed. In view of the above, the various other contentions have not been discussed or disposed. 8. In the light of that proceedings cannot be proceeded with. However as the relief sought is over ₹ 10 lakhs, suit and all proceedings transferred to Debt Recovery Tribunal.
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