FERTILIZER CORPORATION OF INDIA LIMITED & ORS.versusM/S COROMANDAL SACKS PRIVATE LIMITED
Case No.: CIVIL APPEAL No. 5366/2024
Decision Date: 26-04-2024
Disposal: Disposed off
Neutral Citation: 2024INSC348

J.B. PARDIWALA*, SANDEEP MEHTA Issue for Consideration Suspension of legal proceedings as envisaged u/s. 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985, if would extend to a suit for recovery of money even if the debt sought to be proved in the plaint has not sick industrial company and if so, whether the decree in favour of the original plaintiff could be said to be coram non-judice; and the High Court, if erred in granting 24% compound interest on the principal decretal amount in favour of the original plaintiff. Headnotes Sick Industrial Companies 

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