Originally Posted by
oliver2002
Hmm.. district and sessions courts are rather slow, but in such large cases the High Court would come into the picture and they are pretty swift. I suppose if the large banks like SBI don't raise the topic the courts won't lift a finger.
Most of the various Indian high court judges whom I knew are dead, but my impression is that they too were seeing cases that could drag on at times unless there was a real push from within or without to get the case moved up and to a final ruling; and I recall that some cases at that level too could linger on for years too.
My bet is that commercial and property disputes -- with or without bankruptcy in the picture -- can go pretty slowly most of the time, and the larger the interests, the slower it can often be made to go.
Has any party hit by the 9W insolvency even put up for and gotten an injunction against any and all asset conversions/transfers related to 9W?