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        Insolvency and Bankruptcy

        2020 (7) TMI 799 - HC - Insolvency and Bankruptcy

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        Delhi High Court Adjourns Case Amid Pandemic, Restricts Asset Mortgage The High Court of Delhi adjourned a case due to the COVID-19 pandemic, with the next hearing scheduled for 22.09.2020. Respondents were restricted from ...
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Delhi High Court Adjourns Case Amid Pandemic, Restricts Asset Mortgage

                              The High Court of Delhi adjourned a case due to the COVID-19 pandemic, with the next hearing scheduled for 22.09.2020. Respondents were restricted from mortgaging assets without court permission, ensuring compliance by directing immediate uploading of the directive on the Court's website. This case showcases the Court's flexibility in conducting proceedings via video conferencing during the pandemic and underscores the significance of judicial oversight in asset dealings.




                              Issues involved:
                              Adjournment of hearing due to COVID-19 pandemic, Restriction on mortgaging assets without court permission.

                              Adjournment of Hearing:
                              The High Court of Delhi, comprising Mr. Justice Siddharth Mridul and Mr. Justice Talwant Singh, JJ., addressed a case via video conferencing due to the COVID-19 pandemic. The learned counsels for both the appellant and the respondent parties jointly requested an adjournment of the hearing, which was granted. The matter was scheduled to be listed on 22.09.2020.

                              Restriction on Mortgaging Assets:
                              During the proceedings, the counsels representing respondents 1 and 3 to 10, as well as respondent 2, assured the court that they would not mortgage, charge, or create a lien on their movable or immovable assets until the next hearing date without obtaining prior permission from the Court. The Court directed the respondents accordingly and ordered the immediate uploading of this directive on the Court's website to ensure compliance.

                              This judgment highlights the Court's adaptability to conduct proceedings via video conferencing during the pandemic, ensuring continuity in legal processes. Additionally, the Court imposed restrictions on the respondents from dealing with their assets without prior court approval, emphasizing the importance of judicial oversight in such matters.
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                              ActsIncome Tax
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