ASHIMA INFRASTRUCTURE PVT LTD vs PARSVNATH DEVELOPERS LTD

Judgment text excerpt

$~107 * IN THE HIGH COURT OF DELHI AT NEW DELHI Date of decision: 07.04.2025 + FAO(OS) (COMM) 150/2021 ASHIMA INFRASTRUCTURE PVT LTD .....Appellant Through: Mr. Amit Kumar Pandey, Adv. versus PARSVNATH DEVELOPERS LTD .....Respondent Through: CORAM: HON'BLE MR. JUSTICE NAVIN CHAWLA HON'BLE MS. JUSTICE RENU BHATNAGAR NAVIN CHAWLA, J. (Oral) CM APPL. 19319/2025(Exemption) 1. Allowed, subject to all just exceptions. CM APPL. 19320/2025 & CM APPL. 19318/2025 2. CM APPL. 19320/2025 has been filed by the appellant, seeking condonation of a delay of 400 days in filing the application, being CM APPL. 19318/2025, for restoration of the present appeal (hereinafter referred to as, ‘restoration application’), which was dismissed in default on account of non-prosecution vide Order dated 12.01.2024. 3. In the application, it is stated that there were some internal management differences in the functioning of the appellant-company, and the person who was responsible for making decisions in the company, namely, Mr. Anil Sharma, was in judicial custody, pursuant to the lodging of FIR No. 24/2023, registered at Police Station Sector Signature Not Verified Signed By:VIJAYA FAO(OS) (COMM) 150/2021 Page 1 of 2 LAKSHMI DOBHAL Signing Date:16.04.2025 11:24:03 17, Chandigarh, and he remained in custody from the Month of March 2023 till 28.10.2024. It is further stated that in view of the same, the appeal could not be pursued. 4. We have perused the contents of the application and considered the submissions made by the learned counsel for the appellant/applicant. 5. We do not find the above-stated grounds to be sufficient reason in order to condone the delay of 400 days in filing the restoration application. Notably, the company being an artificial person, cannot be solely dependent on one indiv