# In the matter of Angle Infrastructure Pvt. Ltd. vs. Directorate of Enforcement

> HC judgment dated 2025-11-24. Citation: TCN-2025-HC-00080. The petitioner, M/S ANGLE INFRASTRUCTURE PVT. LTD., filed a petition seeking directions to restrain…

- **Court:** HC
- **Order date:** 24 Nov 2025
- **Citation:** TCN-2025-HC-00080
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/angle-infrastructure-pvt-ltd-vs-directorate-of-enforcement-6ffa9c40

## Summary

### Background

The petitioner, M/S ANGLE INFRASTRUCTURE PVT. LTD., filed a petition seeking directions to restrain the Directorate of Enforcement from taking coercive steps, including attachment of property, against the petitioner/Corporate Debtor in relation to ECIR No. GNZO/11/2025.

## Facts

M/S ANGLE INFRASTRUCTURE PVT. LTD. is a company engaged in the development of Real Estate Projects in Delhi-NCR region.

In 2012-13, the petitioner launched a residential project at Sector-70, Gurugram comprising of 510 units.

The petitioner failed to deliver the project within stipulated timelines.

Homebuyers formed an association known as Krissh Florence Estate Buyers Welfare Association (KFEBWA).

KFEBWA preferred a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 before the NCLT.

The NCLT initiated Corporate Insolvency Resolution Process (CIRP) vide order dated 19.12.2024 in IB 238(ND)2024.

The Directorate of Enforcement (ED) initiated proceedings based on FIR No.48/2023.

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## Issues and analysis

### Issue 1: Whether the Directorate of Enforcement should be restrained from taking coercive steps against the …

**Ratio:** The court considered the submissions of the RP that a resolution plan is pending approval

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**Reasoning:** The court sought to balance the interests of the Directorate of Enforcement in pursuing

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**Interpretation:** The court interpreted the relevant provisions of the IBC and the Prevention of

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**Application:** The court directed that any precipitative/attachment action by the respondent

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## Parties

- **Judges:** SACHIN…
- **Respondents:** M/S ANGLE…; Directorate of…
- **Advocates:** Rakesh…; Piyush…; +6 more

## Timeline

- **2012-13 — Project L…**: The petitioner launched a…
- **2015 — Homebuyers Ass…**: Homebuyers formed an association known as Krissh Florence Estate Buyers Welfare…

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