JUDGMENT

Mini Pushkarna, J. (Oral)

I.A. 11922/2022 (u/S 151 of CPC seeking appropriate directions)

1. This is an application moved on behalf of the petitioners under Section 151 CPC seeking prayer for enlarging time for deposit of amount of Rs.43.50 crores as directed by this Court vide order dated 26.07.2022.

2. This court while disposing of the present petition vide order dated 26.07.2022 had directed the petitioners to deposit an amount of Rs.43,50,00,000/- (Rupees Forty Three Crores Fifty Lacs Only) with the Registrar General of this Court within three days. The status quo order granted by way of order dated 26.07.2022 was subject to the petitioners depositing the aforesaid amount within the time granted with the Registrar General of this Court.

3. By way of the present application the petitioners have submitted that they require some time to arrange the liquidated funds. It is the case of the petitioners that petitioners are real estate companies enjoying impeccable reputation in the real estate market since 2004 and that they have sound financial condition. However, on account of unforeseen situations, viz. COVID-19 pandemic and other related factors, which have been beyond