# In the matter of Ahluwalia Contracts (India) Limited vs. Shristi Infrastructure Development Corporation Limited

> NCLAT judgment dated 2025-09-04. Citation: TCN-2025-NCLAT-00489. Ahluwalia Contracts (India) Limited filed an appeal against an order passed by the National…

- **Court:** NCLAT
- **Order date:** 4 Sept 2025
- **Citation:** TCN-2025-NCLAT-00489
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/ahluwalia-contracts-india-limited-vs-shristi-infrastructure-development-corporat-43bc421b

## Summary

### Background

Ahluwalia Contracts (India) Limited filed an appeal against an order passed by the National Company Law Tribunal (NCLT), Kolkata, which rejected their application to initiate Corporate Insolvency Resolution Process (CIRP) against Shristi Infrastructure Development Corporation Limited.

## Facts

Ahluwalia Contracts (India) Limited (Appellant) entered into an agreement with Shristi Infrastructure Development Corporation Limited (Respondent) on 25.04.2012 for executing civil works for a Five Star Hotel.

The Appellant completed the work on 31.08.2015 and submitted the final bill on 13.07.2016.

The Respondent issued a completion certificate dated 07.11.2016.

The Respondent's agent demanded a letter of Extension of Time (EOT) on 18.07.2019, despite the completion certificate.

The Appellant issued a demand notice under Section 8 of the IBC on 26.09.2020 due to non-payment of operational debt.

The Respondent claimed pre-existing disputes and raised concerns about the quality of work.

The Adjudicating Authority rejected the Appellant's Section 9 application on 24.04.2024.

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## Issues and analysis

### Issue 1: Whether the issue of liquidated damages can be …

**Ratio:** The Adjudicating Authority held that the issue of liquidated damages cannot be decided in

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**Reasoning:** The NCLAT agreed with the Adjudicating Authority's view that liquidated damages issues

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**Interpretation:** The IBC contemplates a summary proceeding, and complex issues requiring

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**Application:** The NCLAT upheld the Adjudicating Authority's decision, finding no error in the

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## Parties

- **Judges:** Rakesh Kuma…; Mohammad Faiz…; +1 more
- **Appellants:** Ahluwalia…
- **Respondents:** Shristi Infrastruc…
- **Other parties:** Innoventive…; Umesh Saraf vs.…; +1 more
- **Advocates:** Rishav Ba…; Anoushk…; +8 more

## Timeline

- **25.04.2012 — Agreement…**: Agreement between Ahluwalia Contracts and…
- **07.02.2012 — Work Orde…**: Work Order No. SIDCL/11-12/WO…

## Legal provisions

- [Insolvency and Bankruptcy Code, 2016, Section 8 — Insolvency resolution by operational creditor](https://caseease.in/legal-provisions/insolvency-and-bankruptcy-code-2016/section-8)

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