To the said suit were impleaded the guarantors including the second appellant and the guarantees were sought to be enforced.
A Notice of Motion was taken out in the suit for ad interim relief, which was granted on 1st April, 1999.
On 31st March, 1999 the first respondent filed a suit inter alia against the first appellant to recover the amounts of the loans that had been given to the latter.
P. Bharucha, J. The question in this appeal is whether Section 22 of The Sick Industrial Companies Special Provisions Act, 1985 the said Act companyers a suit against the guarantor of a loan or advance that has been granted to the companycerned industrial companypany.
