# In the matter of Anand Murti Vs.Soni Infratech Pvt. Ltd. & Anr. I.A. No. 183, 184, 205, 300, 330, 366, 560, 738, 739,756, 1115 of 2020 & 2003 of 2021in Company Appeal (AT) (Ins.) No. 1507 of 2019

> NCLAT judgment dated 2022-08-25. Citation: TCN-2022-NCLAT-00263. The case involves an appeal concerning the completion of a project by Soni Infratech Pvt.…

- **Court:** NCLAT
- **Order date:** 25 Aug 2022
- **Citation:** TCN-2022-NCLAT-00263
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/nclat-new-delhi/anand-murti-vssoni-infratech-pvt-ltd-anr-ia-no-183-184-205-300-330-366-560-738-7-1b5101bb

## Summary

### Background

The case involves an appeal concerning the completion of a project by Soni Infratech Pvt. Ltd. The Appellant, Anand Murti, is the ex-Director of the Respondent No. 1, who is developing a society at Gurgaon named Orion Galaxy. The Hon'ble Apex Court in Civil Appeal No. 7534 of 2021 granted the Respondent No. 1 a period of 15 months with 3 months + and - to complete the project. The Appellant is seeking two months' time, stating that necessary documents have been submitted to the Competent Authority for the renewal of licenses for environmental clearance and the city license.

## Facts

Anand Murti, the ex-Director of Soni Infratech Pvt. Ltd. (Respondent No. 1), appealed for additional time to obtain necessary licenses for a project in Gurgaon. The Supreme Court had previously granted Respondent No. 1 a 15-month period (plus/minus 3 months) to complete the project. The appellant claimed to have submitted the required documents to the Competent Authority for license renewal. The IRP had selected two representatives of the 43 allottees, and the Senior Counsel for the allottees suggested allowing two representatives from the 43 allottees to be part of the monitoring committee. The order dated 27.04.2022 passed by the Hon'ble Apex Court in Civil Appeal No. 7534 of 2021 granted time to the Respondent No. 1 to complete the project.

## Issues and analysis

### Issue 1: Whether the Appellant should be granted an extension of time to obtain the necessary licenses for …

**Ratio:** The court has the discretion to grant extensions of time based on the circumstances and

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**Reasoning:** The court considered the Appellant's submission that necessary documents had been

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**Interpretation:** The court interpreted the request for an extension in light of the Supreme

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**Application:** The court granted a conditional extension, urging the Appellant to expedite the

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## Parties

- **Judges:** Rakesh Kuma…; Alok Sriv…
- **Appellants:** Anand M…
- **Respondents:** Soni Infratech…

## Timeline

- **2021-01-01 — Civil Appeal No. 7534…**: Hon'ble Apex Court granted time to the Respondent No. 1 to complete the project within a…
- **2022-04-27 — Order Da…**: Order passed by the Hon'ble Apex Court…

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