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    <title>2022 (5) TMI 238 - MEGHALAYA HIGH COURT</title>
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    <description>The HC granted a limited two-month moratorium to the petitioner following damage to its manufacturing facility by a squall, despite skepticism about the petitioner&#039;s credibility. The Court ordered that April&#039;s payment be made with June&#039;s installment and May&#039;s payment with July&#039;s installment, rejecting the request to spread overdue amounts across remaining installments. The Court expressed concern about the petitioner&#039;s pattern of seeking periodic moratoriums despite previous assurances and warned that any future default would result in immediate consequences without further judicial consideration. This modification balanced relief for unforeseen circumstances against the petitioner&#039;s obligation to fulfill financial commitments.</description>
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    <pubDate>Wed, 04 May 2022 00:00:00 +0530</pubDate>
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      <description>The HC granted a limited two-month moratorium to the petitioner following damage to its manufacturing facility by a squall, despite skepticism about the petitioner&#039;s credibility. The Court ordered that April&#039;s payment be made with June&#039;s installment and May&#039;s payment with July&#039;s installment, rejecting the request to spread overdue amounts across remaining installments. The Court expressed concern about the petitioner&#039;s pattern of seeking periodic moratoriums despite previous assurances and warned that any future default would result in immediate consequences without further judicial consideration. This modification balanced relief for unforeseen circumstances against the petitioner&#039;s obligation to fulfill financial commitments.</description>
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