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

> HC judgment dated 2025-11-24. Citation: TCN-2025-HC-00082. The petitioner, M/S ANGLE INFRASTRUCTURE PVT. LTD., filed a petition seeking restraint against the…

- **Court:** HC
- **Order date:** 24 Nov 2025
- **Citation:** TCN-2025-HC-00082
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/high-courts-new-delhi/angle-infrastructure-pvt-ltd-vs-directorate-of-enforcement-7b65ebb6

## Summary

### Background

The petitioner, M/S ANGLE INFRASTRUCTURE PVT. LTD., filed a petition seeking restraint against the Directorate of Enforcement from taking coercive steps, including attachment of property, in relation to ECIR No. GNZO/11/2025. The petitioner is undergoing Corporate Insolvency Resolution Process (CIRP).

## 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 Krissh Florence Estate Buyers Welfare Association (KFEBWA) in 2015 to monitor the project's progress.

KFEBWA filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 before the NCLT due to non-delivery of flats.

The NCLT initiated Corporate Insolvency Resolution Process (CIRP) vide order dated 19.12.2024.

The Directorate of Enforcement (ED) initiated proceedings based on FIR No.48/2023, registered on 12.06.2023.

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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 progress of the CIRP and the potential impact of coercive

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**Reasoning:** The court sought to balance the interests of the homebuyers and the ongoing CIRP with the

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**Interpretation:** The court interpreted the law to allow for a temporary restraint on coercive

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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 Krissh Florence Estate…

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