ASHIMA INFRASTRUCTURE PVT LTD vs PARSVNATH DEVELOPERS LTD

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 2024. It is further stated that in view of the same, the appeal could not be