The return of income filed by the assessee was taken for scrutiny assessment and it was found that the gift received from the mother was not explained properly.

The order focuses the High Court’s concern over long delays in insolvency cases and stresses that once hearings are completed, decisions must be delivered quickly to protect the purpose and credibility of the Insolvency and Bankruptcy Code.

The order focuses the High Court’s concern over long delays in insolvency cases and stresses that once hearings are completed, decisions must be delivered quickly to protect the purpose and credibility of the Insolvency and Bankruptcy Code.