Vysali Pharmaceuticals Ltd. vs AAIFR and Ors.
Rejection of reference: Point of delay of four years in filing reference not explained nor taken before AAIFR-Petitioner not coming within purview of SICA 1985 since it was classified as small enterprise in terms of Micro, Small and Medium Enterprises Development Act 2006 read with relevant notifications, Petition dismissed-The petitioner’s reference under s.15 of the Sick Industrial Companies (Special Provisions) Act 1985 had been rejected by BIFR. The appeal filed again [LexDoc Id : 457024]
