"LOCKDOWN" CANNOT BE USED AS A MAGIC WORD TO WISH AWAY EVERY DEFAULT: MADRAS HIGH COURT In the case of K Kayalvizhi v. The Branch Manager the Madras High Court held that while the pandemic and lockdowns imposed may qualify as “extraordinary situations”, the situation now is not as dire as it was 12-14 months ago. Accordingly, it would not be reasonable for the lockdown to be used as a magic word by every defaulter to wish away default on their part. Reddy and Reddy Law Firm has a team of experienced lawyers who frequently represent at commercial tribunals such as DRT, NCLT, NCLAT, etc. They have extensive experience in commercial litigation.
Submit Your Enquiry