INNOVENTIVE INDUSTRIES LTD. vs GOVT. OF NCT OF DELHI & ORS.

* IN THE HIGH COURT OF DELHI AT NEW DELHI % Reserved on: 10th March, 2025 Pronounced on: 27th June, 2025 CRL.M.C. 3501/2018, CRL.M.A. 12712/2018 (stay), CRL.M.A. 5811/2019 (condonation of delay), CRL.M.A. 42392/2019 (condonation of delay) INNOVENTIVE INDUSTRIES LTD. (Formerly known as Arihant Domestic Appliances Limited), A public company registered under the Companies Act, 1956, and having its registered office at: Gate No. 56/4/5, Pimple Jagtap, Taluka-Shirur, Pune-412 208, Maharashtra, Acting through its Liquidator, Mr. Dhinal Shan .....Petitioner Through: Mr. Mehul Parti and Ms. Harshita Malik, Advocates. versus 1. GOVT. OF NCT OF DELHI Through its Standing Counsel Room No. 437, Lawyers‟ Chamber, Block-I, High Court of Delhi-110003 .....Respondent No.1 2. IFCI FACTORS LIMITED Having its registered office at: IFCI Tower, 10th Floor, 61, Nehru Place, New Delhi-110019 ...Respondent No.2 3. MR. CHANDU LAXMAN CHAVAN Flat No. 18 & 20 C-Wing, Ambience Emp., Behind Express Garden, Ghorpadi, Pune-411001, Mahrarashtra Also at: B-5, Laxmi Niwas, Opposite Kalyani Steels, Mundhwa, 4. MR. RAVINDRA WAMAN KATRE Disha A 14 129 130 131, Kothrud, Pune-411029, Maharashtra Also at: SN-23/3+4, J-9,