Debt Recovery | Extension Of Interim Relief At The Time Of Remand Subject To Prima Facie Finding In Petitioner’s Favor: Delhi High Court

Case: Mis Deco Industries India v. JM Financial Assets Reconstruction Company Ltd through its AO Kumar Gaurav & Ors.

Coram: Justices Vibhu Bakhru and Amit Mahajan

Case No.: CONT.CAS(C) 1402/2022

Court Observation: “If the  same is accepted, then in every case where the Court decides to remand the  matter to the Court of first instance or any Adjudicating Authority for  consideration – till such time the matter is considered – the same would  require continuation of the interim orders, even if, prima facie, a case for  such orders has not been established.”

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Keywords

Debt Recovery, Delhi High Court