Punjab Wakf Board vs Surjit Singh & Ors

The Supreme Court held that the jurisdiction of Civil Courts is barred under Section 26 of the Sick Industrial Companies (Special Provisions) Act, 1985 (SICA) concerning matters related to sick companies. The Court affirmed the High Court's decision that the transaction between the Municipal Corporation and Shree Sajjan Mills was outside the purview of the BIFR and AAIFR, thus allowing the Civil Court to return the plaint for appropriate proceedings. Consequently, the appeal was dismissed, upholding the lower court's ruling.